29,372,712 Equity Shares of Happiest Minds Technologies Limited are subject to a Lock-Up Agreement Ending on 14-SEP-2023. These Equity Shares will be under lockup for 1098 days starting from 11-SEP-2020 to 14-SEP-2023.

Details:
Company's promoter Ashok Soota has consented to the inclusion of such number of Equity Shares held by him, as may constitute 20% of the post-Offer Equity Share capital as Minimum Promoter?s Contribution and has agreed not to sell, transfer, charge, pledge or otherwise encumber in any manner the Minimum Promoter?s Contribution from the date of filing of the Draft Red Herring Prospectus until the expiry of the lock-in period specified above, or for such other time as required under the SEBI ICDR Regulations.

The entire pre-share capital is locked-in for a period of one year from the date of allotment.