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of <h1>SEBI Guidelines: Schedule VIII Details Promoters' Contributions and Lock-In Periods for Shares to Protect Investors</h1> The statutory provisions outlined in Schedule VIII of the SEBI (Disclosure and Investor Protection Guidelines) 2000 address the requirements for promoters' contributions and the lock-in period for shares. It specifies details such as the date of allotment, when shares are fully paid-up, the type of consideration (cash, bonus, kind), number of shares, face value, issue price, percentage of post-issue paid-up capital, and the lock-in period. These guidelines ensure transparency and protect investor interests by regulating how promoters must handle their share contributions and the duration for which these shares must remain locked in.
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