2,880,000 Equity Shares of Bonlon Industries Limited are subject to a Lock-Up Agreement Ending on 20-JUL-2023. These Equity Shares will be under lockup for 1107 days starting from 8-JUL-2020 to 20-JUL-2023.

Details:
The Promoter namely, Arun Kumar Jain has granted his consent to include such number of Equity Shares held by him as may constitute 20.30% of the post-issue Equity Share Capital of our Company as Promoter?s Contribution and has agreed not to sell or transfer or pledge or otherwise dispose of in any manner, the Promoter?s Contribution from the for a period of three years from the date of allotment.

The entire pre-issue share capital of the Company shall be locked in for a period of one year from the date of Allotment in this Issue.