18,679,386 Equity Shares of Ethos Limited are subject to a Lock-Up Agreement Ending on 24-NOV-2022.
Details:
An aggregate of 20% of the fully diluted post-Offer Equity Share capital of Company held by Promoters shall be considered as minimum promoterâs contribution and locked-in for a locked-in for a period of eighteen months as minimum promotersâ contribution from the date of Allotment, and the Promoterâs shareholding 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.
4,669,847 shares will lock subject to lock-up until November 25, 2023 and 18,679,386 shares will lock subject to lock-up until November 25, 2022.