SEBI revises IPO lock-in rules to enhance compliance
pre-market1 source ↓written by the desknot a recommendation
SEBI's 212th Board meeting introduced significant reforms for IPOs, addressing lock-in execution gaps. A new mechanism will mark non-promoter shares as non-transferable for the lock-in period, ensuring compliance even if pledges are invoked. This change aims to streamline processes and enhance transparency for retail investors.
Additionally, SEBI plans to improve the readability of disclosures in the DRHP stage, further benefiting investors.
Not investment advice. For informational purposes only.