1,436,413 Equity Shares of Globesecure Technologies Limited are subject to a Lock-Up Agreement Ending on 30-MAY-2023. These Equity Shares will be under lockup for 365 days starting from 30-MAY-2022 to 30-MAY-2023.

Details:
An aggregate of 20% of the post issue capital held by the Promoter, considered as Promoter's Contribution, of 1,824,000 Equity Shares, shall be locked-in for a period of three years from the date of allotment of Equity shares issued pursuant to this Issue.

The entire pre-issue shareholding of the Promoter, other than the Minimum Promoters contribution which is locked in for three years, of 1,436,413 Equity Shares, shall be locked in for a period of one year from the date of allotment in this Issue.