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Sebi Exempts Bandhan Bank From 1 Year Lock-In On Promoter Shares

Before IPO, the promoter holding in Bandhan Bank was nearly 89 per cent.
Before IPO, the promoter holding in Bandhan Bank was nearly 89 per cent.
Bandhan Bank on Friday said it has received an exemption from the Securities and Exchange Board of India (Sebi) with respect to lock-in of one year on the equity shares held by the promoter and eligibility condition of one year from listing in order to comply with licensing condition.
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