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ISSUE OF SHARES. — SPCC STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceSPCCISSUE OF SHARES.1 Mark
Question
What is a Lock-in Period?
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Answer

If the founders have bought shares in the public offering, they will not be able to sell the shares till the time fixed by SEBI which is called "Lock-in-Period".

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