11,318,269 Equity Shares of Archean Chemical Industries Limited are subject to a Lock-Up Agreement Ending on 14-MAY-2023. These Equity Shares will be under lockup for 181 days starting from 14-NOV-2022 to 14-MAY-2023.

Details:
Pursuant to Regulations 14 and 16 of the SEBI ICDR Regulations, an aggregate of 20% of the fully diluted post-Offer Equity Share capital of the Company held by Promoters shall be locked in for a period of eighteen months as minimum promoters' contribution from the date of Allotment in the Offer and the shareholding of our Promoters in excess of 20% of the fully diluted post-Offer Equity Share capital shall be locked in for a period of six months from the date of Allotment in the Offer.