5,754,964 Equity Shares of IndiaMART InterMESH Limited are subject to a Lock-Up Agreement Ending on 1-JUL-2022.
July 30, 2022
Share
5,754,964 Equity Shares of IndiaMART InterMESH Limited are subject to a Lock-Up Agreement Ending on 1-JUL-2022. These Equity Shares will be under lockup for 1095 days starting from 2-JUL-2019 to 1-JUL-2022.
Details:
The Promoters, Dinesh Chandra Agarwal and Brijesh Kumar Agrawal have agreed not to dispose off an aggregate of 5,754,964 shares for a period of 3 years from the allotment date in the issue.
The entire remaining pre-issue share capital of the company, excluding sale shares, will be locked-up for a period of 1 year from the allotment date in the issue.
1,261,746 Equity Shares held by Intel Capital (Mauritius), Limited are kept under Lock-in from June 28, 2019 till December 24, 2019.
IndiaMART InterMESH Limited is an India-based online business-to-business (B2B) marketplace, which connects buyers with suppliers. The channel is focused on providing a platform for small and medium enterprises (SMEs), large enterprises, as well as individuals. The Company operates through two segments: Web and related Services and Accounting Software Services. Web and related services segment provide business-to-business e-marketplace services, which acts as an interactive hub for domestic and international buyers and suppliers. The Accounting software services segment provides the business of development, system analysis, designing and marketing of integrated business accounting software to help and manage businesses with increased efficiency. The Company's solutions include IM Leader, IM Star, TrustSEAL, Maximiser, IndiaMART Paid Service (MDC), IndiaMART Verified Exporter, enterprise solutions and advertising solutions.
INDIAMART INTERMESH LIMITED 
