2,010,000 Equity Shares of Nureca Limited are subject to a Lock-Up Agreement Ending on 24-FEB-2024.
February 23, 2024
Share
2,010,000 Equity Shares of Nureca Limited are subject to a Lock-Up Agreement Ending on 24-FEB-2024. These Equity Shares will be under lockup for 1097 days starting from 22-FEB-2021 to 24-FEB-2024.
Details:
An aggregate of 20% of the fully diluted post-Issue capital of our Company held by our Promoter shall be locked-in as minimum promoters? contribution for a period of three years from the date of Allotment (?Minimum Promoters? Contribution?) and the shareholding of the Promoter in excess of 20% of the fully diluted post-Issue 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-Issue shareholding of our Company held by the Promoter and locked in for three years as specified above, the entire pre-Issue Equity Share capital of our Company, other than the Equity Shares Allotted pursuant to the Issue will be locked-in for a period of one year from the date of Allotment.
Nureca Limited is an India-based company, which is engaged in the business of home healthcare and wellness products. The main products/services that the Company manufactures include chronic disease products, orthopedic products, mother and child products, nutrition supplements, lifestyle products, and connected devices. Its chronic disease products include nebulizers, BP monitors, finger pulse oximeters, glucose meters and thermometers. Its orthopedic products include wheelchairs, walkers, lumbar and tailbone supports and physiotherapy electric massagers. Its mother and babycare products include baby feeding, carry cots, baby skincare, nebulizers and bottle warmers and steamers. Its nutrition supplements include supplements and weight management products. Its lifestyle products include humidifiers and steamers, personal scales, massagers, fitness tracking, and dental and personal care. The Company's products are offered through its brands, such as Dr Trust, Dr Physio, and Trumom.