41,390,590 Equity Shares of Go Fashion Limited are subject to a Lock-Up Agreement Ending on 25-NOV-2022.
November 24, 2022
Share
41,390,590 Equity Shares of Go Fashion (India) Limited are subject to a Lock-Up Agreement Ending on 25-NOV-2022. These Equity Shares will be under lockup for 367 days starting from 23-NOV-2021 to 25-NOV-2022.
Details:
The entire pre-Offer Equity Share capital held by our Promoters in excess of PromoterÆs Contribution and the Company, shall, unless otherwise permitted, be locked in for a period of one year from the date of Allotment or any other period as may be prescribed under applicable law.
An aggregate of 20% of the fully diluted post-Offer Equity Share capital of our Company held by Promoters shall be considered as minimum promotersÆ contribution and locked-in for a period of three years or any other period as may be prescribed under applicable law, from the date of Allotment.
Go Fashion (India) Limited is an India-based clothing apparel company. The Company is engaged in the development, design, sourcing, marketing and retailing of a range of women's bottom-wear products under the brand, Go Colors. The Companyâs bottom-wear products, including churidars, leggings, dhotis, harem pants, Patiala, palazzos, culottes, pants, trousers and jeggings, are sold across multiple categories such as ethnic wear, western wear, fusion wear, athleisure, denim, plus sizes and girlâs wear. The Company facilitates customers to shop its products by color. Its distribution channels also have large format stores (LFS) including Reliance Retail, Central, Unlimited, Family Fashion Store, Lifestyle, Globus Stores and Spencer's Retail among others. The Company also sells products through its own Website and online marketplaces and through multi-brand outlets (MBOs). The Company has approximately 503 stores across in India over 134 cities.
GO FASHION (INDIA) LIMITED 
