55,323,150 Equity Shares of Chemplast Sanmar Limited are subject to a Lock-Up Agreement Ending on 18-AUG-2022.
Details:
An aggregate of 20% of the fully diluted post-offer equity share capital of the company held by the Promoter, Sanmar Holdings Limited, shall be locked in for a period of three years as minimum Promoter's contribution from the date of Allotment in the issue and the shareholding of the Promoter in excess of 20% of the fully diluted post-offer equity share capital shall be locked in for a period of one year from the date of allotment.
The entire pre-offer capital of the company, including those equity shares held by the Promoter in excess of the Promoter's Contribution, shall be locked-in for a period of one year from the date of allotment in the issue.