- The entire pre-issue capital held by persons other than the promoters shall be locked-in for a period of one year from the date of allotment in the initial public offer:
Provided that nothing contained in this regulation shall apply to:
Chapter IV — – Lock-in and Restrictions on Transferability 16. Lock-in of specified securities held by the promoters.
Section 17
Lock-in of specified securities held by persons other than the promoters
Printed from Law on Tips • SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018