Certain Equity Shares of ESAF Small Finance Bank are subject to a Lock-Up Agreement Ending on 10-MAY-2024. These Equity Shares will be under lockup for 184 days starting from 8-NOV-2023 to 10-MAY-2024.

Details:
Pursuant to Regulations 14 and 16 of the SEBI ICDR Regulations, an aggregate of 20% of the fully diluted post-Offer Equity Share capital of our Bank held by our Promoters (assuming full conversion of vested options, if any, under the ESAF ESOP Plan 2019), shall be locked in for a period of 18 months as minimum Promoters? contribution from the date of Allotment and the shareholding of the Promoters in excess of 20% of the fully diluted post-Offer Equity Share capital shall be locked in for a period of six months from the date of Allotment.