6,154,995 Equity Shares of MTAR Technologies Limited are subject to a Lock-Up Agreement Ending on 12-MAR-2024. These Equity Shares will be under lockup for 1100 days starting from 8-MAR-2021 to 12-MAR-2024.

Details:
An aggregate of 20% of the fully diluted post-Offer Equity Share capital of our Company held by the Promoters shall be locked in for a period of three years as minimum promoters? contribution from the date of Allotment, and the Promoters? shareholding in excess of 20% of the fully diluted post-Offer Equity Share capital shall be locked in for a period of one year from the date of Allotment.

In addition to the 20% of the fully diluted post-Offer shareholding of our Company held by the Promoters and locked in for three years as specified above and Equity Shares offered by the Selling Shareholders as part of the Offer for Sale, the entire pre-Offer Equity Share capital of our Company will be locked-in for a period of one year from the date of Allotment.