SEBI Board Meeting: Minimum Lock-in Period for Promoters Post-IPO Relaxed

The key decisions taken by the Board include:

Relaxation of the lock-in requirements for promoter shareholding in terms of IPO/FPOs;

The merger of Share Based Employee Benefits and Sweat Equity Regulations;

Reduction in disclosure requirement at the time of IPO;

Review of SEBI (LODR) Regulations, 2015; and 

Rationalisation of compliance requirements for AIFs. 

This write-up aims to highlight key takeaways of the decisions taken by the SEBI Board. Drafted by Taxmann’s Editorial Team

Key highlights of the SEBI Board Meeting_[Amazon]_August 21.pdf