1,638,001 Equity Shares of Homesfy Realty Limited are subject to a Lock-Up Agreement Ending on 5-JAN-2024. These Equity Shares will be under lockup for 368 days starting from 2-JAN-2023 to 5-JAN-2024.

Details:
Pursuant to Regulation 236 and 238 of SEBI (ICDR) Regulations, 2018 an aggregate of 20.00% of the issue capital, held by the Promoters shall be considered as Promoter?s Contribution (?Promoter?s Contribution?) and locked-in for a period of three years from the date of commencement of commercial production or date of allotment, whichever is later. The lock-in of the Promoter?s Contribution would be created as per applicable law and procedure and details of the same shall also be provided to the Stock Exchange before listing of the Equity Shares.

In addition to minimum 20.00% of the post-Issue shareholding of the Company held by the Promoter (locked in for three years as specified above), in accordance with regulation 238 (b) of SEBI (ICDR) Regulations, 2018, the entire pre-issue share capital of the Company shall be locked in for a period of one year from the date of Allotment in this Issue. The Equity Shares held by persons other than the Promoters and locked-in for a period of one year from the date of Allotment, in accordance with regulation 239 of SEBI (ICDR) Regulations, 2018, in the Issue may be transferred to any other person holding Equity Shares which are locked-in, subject to the continuation of the lock-in the hands of transferees for the remaining period and compliance with the Takeover Regulations.