https://www.taxtmi.com/acts?id=33639 The regulation requires lock-in of the entire pre-issue capital held by persons other than promoters for one year from IPO allotment, subject to exceptions for equity allotted under employee share schemes and transfers by employee stock option trusts (subject to applicable share based employee benefits lock-in), and for equity held by venture capital funds, specified AIFs or foreign venture capital investors which are locked in for one year from purchase; conversion of compulsorily convertible securities aggregates holding periods for this computation and bonus shares pursuant to employee allocations are included. en-us Fri, 21 Dec 2018 14:31:27 +0530 Wed, 12 Mar 2025 14:18:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=33639 The regulation requires lock-in of the entire pre-issue capital held by persons other than promoters for one year from IPO allotment, subject to exceptions for equity allotted under employee share schemes and transfers by employee stock option trusts (subject to applicable share based employee benefits lock-in), and for equity held by venture capital funds, specified AIFs or foreign venture capital investors which are locked in for one year from purchase; conversion of compulsorily convertible securities aggregates holding periods for this computation and bonus shares pursuant to employee allocations are included. Act-Rules SEBI Fri, 21 Dec 2018 14:31:27 +0530 https://www.taxtmi.com/acts?id=33639