41,129,680 Equity Shares of Chalet Hotels Limited are subject to a Lock-Up Agreement Ending on 6-FEB-2022. These Equity Shares will be under lockup for 1100 days starting from 2-FEB-2019 to 6-FEB-2022.

Details:
An aggregate of 20% of the post-issue shareholding of the company held by the promoter, Capstan Trading LLP, Casa Maria Properties LLP, and K Raheja Pvt. Ltd, will be locked-in for a period of three years from the date of allotment in the issue.

The entire remaining pre-issue equity share capital of the company will be locked-in for a period of one year from the date of allotment in the issue.