Section 243: Transferability of locked-in specified securities

Q: What does Section 243 of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (ICDR Regulations) deal with?

Section 243 ICDR Regulations pertains to "Transferability of locked-in specified securities". It is part of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, a legislation enacted by the Parliament of India. Section 243 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (ICDR Regulations) governs transferability of locked-in specified securities. As verified on 19 May 2026.

Q: Is Section 243 ICDR Regulations still in force?

Yes, Section 243 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 is currently in force across the Republic of India.

Q: What is धारा 243 ICDR Regulations?

धारा 243 ICDR Regulations is the Devanagari Hindi reference for Section 243 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. Section 243 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (ICDR Regulations) governs transferability of locked-in specified securities. As verified on 19 May 2026.

Q: What is Dhara 243 ICDR Regulations?

Dhara 243 ICDR Regulations is the Roman Hindi reference for Section 243 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. "Dhara" means "Section" in Hindi. Section 243 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (ICDR Regulations) governs transferability of locked-in specified securities. As verified on 19 May 2026.

Q: How to cite Section 243 of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018?

Cite as: "Section 243, SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (ICDR Regulations)" in legal briefs. For academic writing, use the BlueBook format: SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, § 243 (India).

Law on Tips Editorial Board

- Subject to the provisions of Securities and Exchange Board of India (Substantial Acquisition of shares and Takeovers) Regulations, 2011, the specified securities held by the promoters and locked-in as per regulation 238 may be transferred to another promoter or any person of the promoter group or a new promoter or a person in control of the issuer and the specified securities held by persons other than the promoters and locked-in as per regulation 239 may be transferred to any other person (including promoter or promoter group) holding the specified securities which are locked-in along with the securities proposed to be transferred:

Provided that the lock-in on such specified securities shall continue for the remaining period with the transferee and such transferee shall not be eligible to transfer them till the lock-in period stipulated in these regulations has expired.