29,194,882 Equity Shares of EMS Limited are subject to a Lock-Up Agreement Ending on 14-MAR-2024.
Details:
Pursuant to Regulations 14 and 16 of the SEBI ICDR Regulations, an aggregate of 20% of the post-Issue Equity Share capital of the company held by the Promoters shall be locked in for a period of 18 months as minimum promoter?s contribution from the date of Allotment in the Issue (?Minimum Promoter?s Contribution?) and the shareholding of the Promoters in excess of 20% of the fully diluted post-Issue Equity Share capital shall be locked in for a period of six months from the date of Allotment.
The entire pre-offer equity share capital of the company will be locked-in for a period of six months from the date of Allotment.