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Logic behind keeping 1200 lot size is unthinkable.
The only point come to my mind is that no one (most of us) should be able to sell this PP. Only, insider (promoter proxies), who had previously knowing everything, should empty their kitty.
Though, the LoO say subsequent call to be within 3 months but I doubt it won't come unless the price crashes to extreme. For that they will wait for year also.