SEBI brings relief to issuers with new pledged shares lock-in norms | DETAILS – Markets
Capital markets regulator Securities and Exchange Board of India (SEBI) has introduced a mechanism for the lock-in of pledged shares in a bid to streamline requirements related to public issues, PTI reported. Under the new framework, Sebi has allowed depositories to mark certain securities as “non-transferable” for the duration of the lock-in period in cases…
