1,440,000 Equity Shares of EKI Energy Services Limited are subject to a Lock-Up Agreement Ending on 5-APR-2024. These Equity Shares will be under lockup for 1101 days starting from 31-MAR-2021 to 5-APR-2024.

Details:
All Equity Shares, which are being locked in are not ineligible for computation of Minimum Promoters Contribution as per Regulation 237 of the SEBI (ICDR) Regulations and are being locked in for 3 years as per Regulation 238(a) of the SEBI (ICDR) Regulations i.e. for a period of three years from the date of allotment of Equity Shares in this issue.

In terms of Regulation 238(b) and 239 of the SEBI (ICDR) Regulations, 2018, in addition to the Minimum Promoters contribution which is locked in for three years, as specified above, the entire pre-issue equity share capital constituting 36,10,000 Equity Shares shall be locked in for a period of one year from the date of allotment of Equity Shares in this Issue.