24,350,323 Equity Shares of S.J.S. Enterprises Limited are subject to a Lock-Up Agreement Ending on 10-NOV-2022. These Equity Shares will be under lockup for 367 days starting from 8-NOV-2021 to 10-NOV-2022.

Details:
Pursuant to Regulations 14 and 16 of the SEBI ICDR Regulations, an aggregate of 20% of the fully diluted post-Offer Equity Share capital of the company held by the Promoters namely K.A. Joseph and Evergraph (assuming full conversion of vested options, if any, under SJS Enterprises - Employee Stock Option Plan 2021 (“ESOP 2021”), shall be locked in for a period of three years as minimum Promoter's contribution from the date of Allotment and the shareholding of the Promoters 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.