News & Media 18th Nov 2021

SEBI’s ICDR Amendment: A Welcome Change (But Some Additional Clarifications Would Be Welcome Too!)

Authors

Latest Thought Leadership

Alerts & Updates 27th May 2024

Trade Update – May 27, 2024

Read More
Articles 27th May 2024

Revamping India’s Insolvency Framework: Challenges, Trends, and Strategic Improvements

Read More
News & Media 27th May 2024

Cost inflation index for FY25 higher than last fiscal’s

Read More
Alerts & Updates 24th May 2024

SEBI issues a flurry of changes to tackle material price movement due to market rumours and to ensure a level playing field

Read More

SEBI amended the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 (“ICDR Regulations 2018”) by way of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) (Third Amendment) Regulations, 2021 (“ICDR Amendment 2021/the Amendment”) in August 2021. The ICDR Amendment 2021 relates to the reduction of the lock-in period for promoters post an initial public officer (“IPO”).

  • Against this background, Abhiraj Arora, Associate Partner, Economic Laws Practice (ELP) has authored an article titled ‘SEBI’s ICDR Amendment: A Welcome Change (But Some Additional Clarifications Would Be Welcome Too!)’ for BW LegalWorld. In this article, Abhiraj discusses as to what the new provision entails, the rationale behind the reduction in the lock-in period, the interpretation and applicability of the ICDR Amendment 2021, and the way forward and rights of shareholders.

    Read the detailed article here: Click here