1,000,000 Equity Shares of Atal Realtech Limited are subject to a Lock-Up Agreement Ending on 25-OCT-2023. These Equity Shares will be under lockup for 1106 days starting from 14-OCT-2020 to 25-OCT-2023.

Details:
Pursuant to the Regulation 236 and 238 of the SEBI (ICDR) Regulations, an aggregate of 20% of the Post-Offer Equity Share Capital held by Promoter shall be considered as promoter?s contribution and locked-in for a period of three years from the date of Allotment. The lock-in of the Promoter?s Contribution would be created as per applicable law and procedure and details of the same shall also be provided to the Stock Exchange before listing of the Equity Shares.

Pursuant to Regulation 238 (b) of the SEBI (ICDR) Regulations, in addition to the Promoter?s Contribution to be locked-in for a period of 3 years, the entire Pre-Offer Equity Share capital will be locked in for a period of one (1) year from the date of Allotment in this Offer, other than the Equity Shares allotted and subscribed pursuant to the Offer for Sale.