32,039,945 Equity Shares of Sheela Foam Limited are subject to a Lock-Up Agreement Ending on 4-DEC-2017. These Equity Shares will be under lockup for 364 days starting from 5-DEC-2016 to 4-DEC-2017. Details: An aggregate of 20% of the fully diluted post-offer capital of the company held by promoters shall locked-in for a period of three years from the date of allotment. The entire remaining pre-offer equity share capital of the company, excluding the equity shares which will be sold or transferred as part of the offer by the selling shareholder shall be locked in for a period of one year from the date of allotment.