12,100,000 Equity Shares of Annapurna Swadisht Limited are subject to a Lock-Up Agreement Ending on 29-SEP-2023. These Equity Shares will be under lockup for 368 days starting from 26-SEP-2022 to 29-SEP-2023.

As per Sub-Regulation (1) of Regulation 236 of the SEBI (ICDR) Regulations, 2018, an aggregate of 20% of the post-issue capital shall be considered as Promoter?s Contribution. Such shares will be locked in for three years. Promoters have given consent to include 31,64,000 of Equity Shares held by them as may constitute 20.11% of the post-issue Equity Share Capital of the Company as Promoters? Contribution and have agreed not to sell or transfer or pledge or otherwise dispose of in any manner.

In addition, the promoters and public shareholding pre-issue Equity Share capital of the Company, i.e. 83,73,000 Equity Shares shall be locked in for a period of one year from the date of Allotment in the Public Issue.