1,840,000 Equity Shares of Omnipotent Industries Limited are subject to a Lock-Up Agreement Ending on 18-DEC-2022. These Equity Shares will be under lockup for 388 days starting from 25-NOV-2021 to 18-DEC-2022.
Details:
Pursuant to Regulations 236 and 238 of the SEBI (ICDR) Regulations, an aggregate of 20% of the fully diluted post-Issue Equity Share capital of the Company held by the Promoter shall be provided towards minimum PromoterÆ contribution and locked-in for a period of three years from the date of Allotment.
In addition to Minimum PromoterÆ Contribution which shall be locked-in for three years, the balance Equity Shares held by Promoter shall be locked in for a period of one year from the date of allotment in the Initial Public Offer as provided in clause (b) of Regulation 238 of the SEBI (ICDR) Regulations, 2018.