13,361,601 Equity Shares of MOS Utility Limited are subject to a Lock-Up Agreement Ending on 19-APR-2024. These Equity Shares will be under lockup for 375 days starting from 10-APR-2023 to 19-APR-2024.

Details:
Pursuant to Regulations 236 and 238 of the SEBI ICDR Regulations, Equity Share capital of our Company held by the Promoter shall be considered as Promoter?s Contribution (?Promoter?s Contribution?) and shall be locked in for a period of three years from the date of Allotment of Equity Shares.

Pursuant to Regulation 238 (b) of the SEBI (ICDR) Regulations, in addition to the Promoter?s Contribution to be locked-in for a period of 3 years, as specified above, the entire Pre-Offer Equity Share capital will be locked in for a period of one (1) year from the date of Allotment in this Offer.