Transfer of warrants


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Querist : Anonymous

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Querist : Anonymous (Querist)
04 September 2013 hey...pls assist..
is there is any procedure of transfer of partly paid up share warrants in lock-in period held by promoters?....



Ajay Mishra (Expert)
04 September 2013 Hi

Please check your company's article.

Generally it is not transferable.

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Querist : Anonymous

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Querist : Anonymous (Querist)
04 September 2013 ohkk...though if they are not transferable. but is there is any notification issued by ministry regarding warrants held by promoters??... am searching, but not getting anything in this regard.. kindly help

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Querist : Anonymous

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Querist : Anonymous (Querist)
04 September 2013 its a listed company

Ajay Mishra (Expert)
04 September 2013 I know, it is listed company Regulation 70 to 79 of SEBI (ICDRA) deal with such issue.

no MCA has not issue any such notification.

The shareholding pattern of the listed company as per clause 35 of LA deal with this issue.

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Querist : Anonymous

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Querist : Anonymous (Querist)
04 September 2013 thank you... is it involve any other regulation, like SAST 2011??..

Ajay Mishra (Expert)
04 September 2013 Hi

You can check Regulation 29, 30 and 31 of SAST.and Reg. 12 and 13 of PIT.

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Querist : Anonymous

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Querist : Anonymous (Querist)
04 September 2013 how ICDR regulations r applicable here??...its not regarding preferential allotment

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Querist : Anonymous

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Querist : Anonymous (Querist)
04 September 2013 thank you sir....


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