40,486,470 Equity Shares of Anupam Rasayan India Ltd are subject to a Lock-Up Agreement Ending on 21-MAR-2024. These Equity Shares will be under lockup for 1100 days starting from 17-MAR-2021 to 21-MAR-2024.

Details:
An aggregate of 20% of the fully diluted post-Issue Equity Share capital of Company held by Promoters shall be considered as minimum promoters? contribution and locked-in for a period of three years from the date of Allotment.

The entire pre-Issue Equity Share capital of Company will be locked in for a period of one year from the date of Allotment, except for (i) the Equity Shares which may be Allotted to the employees under the ESOP Scheme pursuant to exercise of options held by such employees (whether currently employees or not) and (ii) the Equity Shares allotted pursuant to the Issue.