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    <title>Lock-in of specified securities</title>
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    <description>The regulation imposes lock-in periods on specified securities allotted preferentially and on shares from exercise or conversion, differentiating extended lock-in for promoters/promoter group and shorter lock-in for other allottees, measured from trading approval. It caps promoter lock-in coverage for a portion of total capital, treats excess allotment under a shorter restriction, reduces lock-in for shares converted from already locked convertible securities, provides special treatment for securities issued under corporate debt restructuring and partly paid shares, requires continued lock-in where price recalculation obligations remain unpaid, and locks pre-preferential shareholding for a limited post-approval period.</description>
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    <pubDate>Mon, 28 Jan 2019 12:35:34 +0530</pubDate>
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      <title>Lock-in of specified securities</title>
      <link>https://www.taxtmi.com/acts?id=35723</link>
      <description>The regulation imposes lock-in periods on specified securities allotted preferentially and on shares from exercise or conversion, differentiating extended lock-in for promoters/promoter group and shorter lock-in for other allottees, measured from trading approval. It caps promoter lock-in coverage for a portion of total capital, treats excess allotment under a shorter restriction, reduces lock-in for shares converted from already locked convertible securities, provides special treatment for securities issued under corporate debt restructuring and partly paid shares, requires continued lock-in where price recalculation obligations remain unpaid, and locks pre-preferential shareholding for a limited post-approval period.</description>
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      <pubDate>Mon, 28 Jan 2019 12:35:34 +0530</pubDate>
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