14,675,107 Equity Shares of Security and Intelligence Services Limited are subject to a Lock-Up Agreement Ending on 8-AUG-2020.
August 07, 2020
Share
14,675,107 Equity Shares of Security and Intelligence Services (India) Limited are subject to a Lock-Up Agreement Ending on 8-AUG-2020. These Equity Shares will be under lockup for 1100 days starting from 4-AUG-2017 to 8-AUG-2020.
Details:
The promoters, Ravindra Kishore Sinha and Rituraj Kishore Sinha have agreed not to dispose off an aggregate of 20% of the fully diluted post-offer share capital of the company, excluding sale shares, for a period of three years from the allotment date in the issue until August 08, 2020.
The entire remaining pre-issue share capital of the company will be under lock-up for one year from the allotment date in the issue until August 08, 2018
SIS Limited is an India-based security solutions company. The Company's business segments include Security Solutions-India, Security Solutions-International and Facility Management. The Company is directly and indirectly engaged in rendering security and related services consisting of manned guarding, training, and indirectly engaged in paramedic and emergency response services; loss prevention, asset protection and mobile patrols; facility management services consisting of cleaning, house-keeping and pest control management services in the areas of facility management; cash logistics services consisting of cash-in-transit, automated teller machine (ATM) cash replenishment activities and secure transportation of precious items and bullion; and alarm monitoring and response services consisting of trading and installation of electronic security devices and systems. It has a presence in Asia-Pacific (APAC) region, encompassing India, Australia, New Zealand, and Singapore.
SIS LIMITED 
