Tag Archives: Promoter contribution

Promoter Contribution Lock in under SEBI (ICDR) Regulations 2009

By | May 9, 2016

SEBI (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS 2009 CHAPTER III : PART IV PART IV – RESTRICTION ON TRANSFERABILITY (LOCK-IN) OF PROMOTERS’ CONTRIBUTION, ETC. Date of commencement of lock in and inscription of non-transferability. 35. (1) Save as otherwise provided in this Chapter, specified securities held by promoters and persons other than promoters shall… Read More »

Promoter contribution under SEBI (ICDR) Regulations 2009

By | May 9, 2016

SEBI (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS 2009 CHAPTER III : PART III PROMOTERS’ CONTRIBUTION Minimum promoters’ contribution. 32. (1) The promoters of the issuer shall contribute in the public issue as follows: (a) in case of an initial public offer, not less than twenty per cent. of the post issue capital; (b) in… Read More »