GenSight Biologics Launches a Reserved Offering of c €25 Million by Means of an Accelerated Bookbuilding Process finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
reduced to 1 year
instead of 2 years.
There is no such requirement for holding prior to listing. The
Company proposing to list on main board must satisfy other
eligibility criteria with respect to 3 years track record of
operating profits, net tangible assets, net worth, etc.
Lock-In
Ø Category II AIFs (PE funds, real estate funds,
etc) may also be exempted from post issue lock in requirements
provided shares are held for 1 year from the date of purchase.
Ø In the Main Board, post issue lock-in
requirements are not applicable for Category II AIFs if shares are
held for a period of 1 year from date of purchase.