What is the lock-in period for Reliance Retail?

Reliance Retail Limited FAQs No Comments

According to SEBI rules, Reliance Retail Venture Limited’s lock-in period is 6 months from the date of listing. The lock-in period is the period during which an investment cannot be withdrawn or redeemed. Previously, the lock-in period was one year. However, in order to encourage investors to remain invested in startups planning to go public, SEBI has reduced the lock-in period from one year to six months. A lock-in period does not imply an investment tenure. The investment tenure can extend beyond the lock-in period. The lock-in period varies depending on the type of investment. A lock-in period allows investors to benefit from a long-term investment. The lock-in period assists startups and businesses in developing a business model. Reliance Retail Venture Limited is a non-government company that was founded in 2006. It is a publicly traded unlisted company with a share capital. Reliance Retail Venture Limited primarily markets third-party products. Reliance Industries Limited’s retail initiative is central to the group’s consumer-facing business. It is managed by Reliance Industries Limited, which owns 85.12 percent of the company.

0 0 votes
Article Rating
Notify of
Inline Feedbacks
View all comments