SEBI's FAQs on Pledging Shares: Bona Fide Defense, Valuation, and Form C Reporting
Source: SEBI's Comprehensive FAQs on SEBI (PIT) Regulations, 2015, dated December 31, 2024 — Section C, "Pledge" (Q.13–Q.15).
Why this section matters
Having established (Section A, Q1) that pledge/invoke/revoke is "trading," SEBI's FAQ turns to the practical mechanics: