Certain Equity Shares of Satin Creditcare Network Limited are subject to a Lock-Up Agreement Ending on 18-MAR-2024. These Equity Shares will be under lockup for 90 days starting from 19-DEC-2023 to 18-MAR-2024.

Details:
The Company undertakes that it will not for a period of 90 days from the date of Allotment under the Issue, without the prior written consent of the Book Running Lead Manager, directly or indirectly, (a) issue, offer, lend, pledge, sell, contract to sell or issue, sell any option or contract to purchase, purchase any option or contract to sell or issue, grant any option, right or warrant to purchase, lend or otherwise transfer or dispose of, any Equity Shares, or any securities convertible into or exercisable or exchangeable for Equity Share (b) enter into any swap or other agreement that transfers, in whole or in part, any of the economic consequences of ownership of Equity Shares; or (c) publicly announce any intention to enter into any transaction described in (a) or (b) above, whether any such transaction described in (a) or (b) above is to be settled by delivery of Equity Shares, or such other securities, in cash or otherwise, however, the foregoing restriction shall not be applicable to the (i) the issuance of the Equity Shares pursuant to the Issue; (ii) issuance of non-convertible debentures, commercial paper, debt securities, direct assignment, pass through certificate and other debt instruments; and (iii) any transaction required by law or an order of a court of law or a statutory authority.