scorecardresearchSEBI says lock-in for promoters of IPO-bound firms now stands relaxed. What exactly does this mean?

SEBI says lock-in for promoters of IPO-bound firms now stands relaxed. What exactly does this mean?

Updated: 13 Dec 2021, 11:59 AM IST
TL;DR.
Market watchdog SEBI has made it easier for promoters to exit their companies post an IPO. We tell you what this decision can lead to.
Sebi has relaxed the norms for the period of lock-in of shares held by promoters of IPO-bound companies.

Sebi has relaxed the norms for the period of lock-in of shares held by promoters of IPO-bound companies.