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Corporate Laws Central Ministry of Finance Securities and Exchange Board of India Act, 1992

SEBI- Ease of Doing Business - mechanism for lock-in of pledged shares under SEBI (ICDR) Regulations, 2018

08-Apr-2026 | HO/49/(17)2026-CFD-POD2/l/8965/2026

SEBI has issued a circular on the Ease of Doing Business - mechanism for lock-in of pledged shares under SEBI (ICDR) Regulations, 2018.

Through this circular, the issuers, depositories, merchant bankers and stock exchanges have been advised to comply with the mechanism of lock-in of pledged shares, as the amendment in ICDR Regulations, 2018 on March 21, 2026 has stated that the specified securities on which lock-in cannot be created, may be recorded as "nontransferable" by Depositories for the duration of the applicable lock-in period.

Accordingly, depositories have issued the framework to be followed by issuers, including, inter alia, incorporation of suitable provisions in the Articles of Association, issuance of necessary intimations to the concerned lenders/pledgees, and suitable disclosures in the offer documents.

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Recent Posts in Corporate Laws

Corporate Laws

CDSL- Submission of Report on Internal Audit of Registrar and Transfer Agent

07-Apr-2026 | CDSL/AUDIT/RTA/POLCY/2026/105

CDSL has issued a communique on the Submission of the report on the Internal Audit of Registrar and Transfer Agent (RTA). Through this co

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Corporate Laws

CDSL- Reiteration of SEBI circular on Relaxation from SEBI Regulations on non-compliance with the MPS requirements

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CDSL- Reiteration of SEBI circular on addendum to SEBI Circular on Borrowing by Mutual Funds

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Corporate Laws

CDSL- Incorporation of Lock-In of Pre-Issue Capital during Initial Public Offering

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Taxation

CBDT issues corrigendum for changes in Form-ITR-6

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CBDT has issued corrigendum for changes in Form-ITR-6 effective from 10th April 2026. Key Highlights of the notification are as follows:-

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CBIC issues revised Special additional excise duty on Aviation Turbine Fuel

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CDSL- Submission of Report on Internal Audit of Registrar and Transfer Agent

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