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of <h1>Listed Companies: Sweat Equity Shares Locked for 3 Years; SEBI Guidelines Apply for Public Issue Lock-In.</h1> Sweat equity shares issued by a listed company must be locked in for three years from the date of allotment. If the company proceeds with a public issue after issuing sweat equity, the Securities and Exchange Board of India (SEBI) Guidelines, 2000, regarding public issue lock-in and promoters' contribution computation, will apply.
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