Company Secretary and Compliance Officer
114788 Points
Joined January 2009
Hi,
Locked-in shares can 100% be pledged.
Locked-in shares can be pledged with a Lender (such as a Bank) for a loan. However, the pledge cannot be closed or invoked before the lock-in release date.
You have to provide the details of pledged shares in balance sheet, shareholding pattern and everywhere else as desired by stock exchange.
Regards