4,366,900 Equity Shares of Kotyark Industries Limited are subject to a Lock-Up Agreement Ending on 15-NOV-2022. These Equity Shares will be under lockup for 378 days starting from 2-NOV-2021 to 15-NOV-2022.

Details:
An aggregate of 20% of the post-issue shareholding of the company held by the promoter, namely Gaurang Rameshchandra Shah, will be locked-in for a period of three years from the date of allotment in the issue.

The entire remaining pre-issue equity share capital of the company will be locked-in for a period of one year from the date of allotment in the issue.

A total of 4,366,900 shares will be subject to lock-up until November 15, 2022 and 1,700,000 shares will be subject to lock-up until November 15, 2024.