Question

What conditions apply to the exit of a non-resident investor in a listed company after the lock-in period?

a.

Exit at the initial investment amount

b.

Exit at a price decided by the investor

c.

Exit at the market price prevailing at the stock exchanges

d.

Exit only after obtaining approval from the Reserve Bank of India

Answer: (c).Exit at the market price prevailing at the stock exchanges Explanation:For a listed company, the non-resident investor can exit at the market price prevailing at the stock exchanges after the lock-in period.

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Q. What conditions apply to the exit of a non-resident investor in a listed company after the lock-in period?

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