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    <title>Shareholding and transferability restrictions</title>
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    <description>Regulation 8 imposes shareholding limits and transfer constraints in recognised stock exchanges: residents face a cap on equity holdings, with specified institutional exceptions and a transitional reduction requirement; foreign holdings are subject to an aggregate cap with sub limits for direct investment and FIIs, restrictions on acquisition routes, prohibition of FII Board representation, and individual holding ceilings for foreign investors; transfers by shareholders with trading rights are restricted until confirmation under the prior regulation and must comply with Chapter II procedures.</description>
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      <description>Regulation 8 imposes shareholding limits and transfer constraints in recognised stock exchanges: residents face a cap on equity holdings, with specified institutional exceptions and a transitional reduction requirement; foreign holdings are subject to an aggregate cap with sub limits for direct investment and FIIs, restrictions on acquisition routes, prohibition of FII Board representation, and individual holding ceilings for foreign investors; transfers by shareholders with trading rights are restricted until confirmation under the prior regulation and must comply with Chapter II procedures.</description>
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