Lock-in

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..... sting in case of listing without a public issue: Provided that nothing contained in this regulation shall apply to: a) equity shares allotted to employees, whether currently an employee or not, under an employee stock option or employee stock purchase scheme of the issuer prior to the initial public offer, if the issuer has made full disclosures with respect to such options or scheme in accordance .....

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..... r from the date of purchase by the venture capital fund or alternative investment fund or foreign venture capital investor. d) equity shares held by persons other than the promoters, continuously for a period of at least one year prior to the date of listing in case of listing without a public issue: Explanation: For the purpose of clause (c) and (d), in case such equity shares have resulted pursu .....

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..... of the loan. (3) The specified securities that are locked-in may be transferable in accordance with regulation 288 of these regulations. (4) All specified securities allotted on a discretionary basis shall be locked-in in accordance with the requirements for lock-in for the anchor investors on the main board of the stock exchange, as specified under Part A of Schedule XIII . 2 [ (5) The SR equity .....

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