TaxTMI 
TaxTMI 
Lock-in
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....ercise of options attached to warrants issued on a preferential basis to the promoters or the promoter group, shall be locked-in for a period of 2[18 months] from the date of trading approval granted for the specified securities or equity shares allotted pursuant to exercise of the option attached to warrant, as the case may be: Provided that not more than twenty per cent. of the total capital of....
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....he date of trading approval. Provided that in case of convertible securities or warrants which are not listed on stock exchanges, such securities shall be locked in for a period of one year from the date of allotment. (3) Lock-in of the equity shares allotted pursuant to conversion of convertible securities other than warrants, issued on preferential basis shall be reduced to the extent the conv....
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.... entire pre-preferential allotment shareholding of the allottees, if any, shall be locked-in from the relevant date up to a period of 6[90 trading days] from the date of trading approval: Provided that in case of convertible securities or warrants which are not listed on stock exchanges, the entire pre-preferential allotment shareholding of the allottees, if any, shall be locked-in from the relev....
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....t of minimum promoters' contribution held and locked-in, in the past in terms of Securities and Exchange Board of India (Disclosure and Investor Protection) Guidelines, 2000 or these regulations shall be taken into account. (III) The minimum promoters' contribution shall not be put under fresh lock-in again, even though it is considered for computing the requirement of twenty per cent. of the tot....