Lock-in of specified securities held by the promoters

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....ld by the promoters shall not be transferable (hereinafter referred to as "locked-in") for the periods as stipulated hereunder: (a) minimum promoters' contribution including contribution made by alternative investment funds, or foreign venture capital investors, as applicable, shall be locked-in for a period of ^3[eighteen months from the date of allotment of the further public offer]; ....

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....s, provided they are in compliance with the other provisions of these regulations.] ^2[****] ^6[Explanation: For the purpose of this regulation, "capital expenditure" shall include civil work, miscellaneous fixed assets, purchase of land, building and plant and machinery, etc. ^7[and repayment of existing loan(s) that may have been taken for the purpose of such capital expenditure.]] &nbs....