📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

  • google app store apple app store
  • âś–

      Question

      Under the IFSCA Listing Regulations 2024, how long must

      promoters’ and controlling shareholders’ pre-issue shareholding be locked up after an IPO?
      A 90 days Correct Answer Incorrect Answer
      B 120 days Correct Answer Incorrect Answer
      C 150 days Correct Answer Incorrect Answer
      D 180 days Correct Answer Incorrect Answer
      E 365 days Correct Answer Incorrect Answer

      Solution

      Regulation 29 specifies that pre-issue shareholding of promoters and controlling shareholders must be locked up for 180 days from the date of allotment in the IPO.

      Practice Next
      ask-question