Equity Lock-in Period Should be Removed to Boost Foreign Direct Investments in Solar
Investors say allowing controlling shareholding could enhance trust to invest heavily in the solar market
July 21, 2021
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Removing the one-year lock-in period for controlling shareholding could help increase investment flow into the solar market in India, which sorely needs it. A ‘controlling shareholding’ is the ownership (directly or indirectly) of over 51% of a company’s voting shares or the right to appoint most directors to the company board.