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of <h1>SEBI: Lock-in Provisions Exempt for Securities Lent to Stabilizing Agent Under Green Shoe Option, per Regulations 279(5) & 279(6).</h1> The Securities and Exchange Board of India (SEBI) regulations state that the lock-in provisions do not apply to specified securities lent to a stabilizing agent under the green shoe option. This exemption lasts from the date of lending until the securities are returned to the lender, as per regulations 279(5) or 279(6). Once returned, these securities are subject to a lock-in for the remaining period.
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