Pledge of locked-in specified securities

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..... EGULATIONS, 2018 - Act-Rules - Pledge of locked-in specified securities 119. Specified securities 1 [ , except SR equity shares, ] held by the promoters and locked in may be pledged as .....

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..... of financing one or more of the objects of the issue and pledge of specified securities is one of the terms of sanction of the loan b) if the specified securities are locked-in in terms of clause .....

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