Regulation 240 - Lock-in of specified securities lent to stabilising agent under the green shoe option
Securities And Exchange Board of India (Issue Of Capital And Disclosure Requirements) Regulations, 2018 Part IV LOCK-IN AND RESTRICTIONS ON TRANSFERRABILITY
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Lock-in exception for securities lent under green shoe option suspends lock-in until return, then remaining lock-in resumes. Lock-in provisions are inapplicable to specified securities lent to a stabilising agent under the green shoe option from the date of lending until their return under sub-regulation (5) or (6) of regulation 279; upon return, the securities are locked-in for the remaining lock-in period from the date of return.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Lock-in exception for securities lent under green shoe option suspends lock-in until return, then remaining lock-in resumes.
Lock-in provisions are inapplicable to specified securities lent to a stabilising agent under the green shoe option from the date of lending until their return under sub-regulation (5) or (6) of regulation 279; upon return, the securities are locked-in for the remaining lock-in period from the date of return.
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