https://www.taxtmi.com/acts?id=55769 Promoters' and controlling shareholders' pre-issue shareholding is locked up for 180 days from initial public offering allotment, subject to a limited green shoe option lending exception. SR Equity Shares remain locked up until conversion to ordinary shares and completion of one year from allotment. Locked-up securities may be pledged as collateral, but pledge invocation does not end the lockup and the transferee cannot transfer them before its expiry. en-us Tue, 22 Sep 2026 17:33:49 +0530 Tue, 22 Sep 2026 17:33:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=55769 Promoters' and controlling shareholders' pre-issue shareholding is locked up for 180 days from initial public offering allotment, subject to a limited green shoe option lending exception. SR Equity Shares remain locked up until conversion to ordinary shares and completion of one year from allotment. Locked-up securities may be pledged as collateral, but pledge invocation does not end the lockup and the transferee cannot transfer them before its expiry. Act-Rules Indian Laws Tue, 22 Sep 2026 17:33:49 +0530 https://www.taxtmi.com/acts?id=55769