https://www.taxtmi.com/highlights?id=98629 Specified securities on which lock-in cannot be created may be recorded by depositories as non-transferable for the applicable lock-in period, providing an operational mechanism for pledged shares under the ICDR Regulations. The framework requires issuers to align their Articles of Association, issue necessary intimations to concerned lenders or pledgees, and make suitable disclosures in offer documents. Depositories have also updated their systems and processes to support implementation. Stock exchanges, depositories, merchant bankers and issuers must ensure compliance with this lock-in mechanism for pledged shares. en-us Thu, 09 Apr 2026 14:35:45 +0530 Thu, 09 Apr 2026 14:35:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=98629 Specified securities on which lock-in cannot be created may be recorded by depositories as non-transferable for the applicable lock-in period, providing an operational mechanism for pledged shares under the ICDR Regulations. The framework requires issuers to align their Articles of Association, issue necessary intimations to concerned lenders or pledgees, and make suitable disclosures in offer documents. Depositories have also updated their systems and processes to support implementation. Stock exchanges, depositories, merchant bankers and issuers must ensure compliance with this lock-in mechanism for pledged shares. Highlights SEBI Thu, 09 Apr 2026 14:35:45 +0530 https://www.taxtmi.com/highlights?id=98629