1,410,340 Equity Shares of Transvoy Logistics India Limited are subject to a Lock-Up Agreement Ending on 15-FEB-2024. These Equity Shares will be under lockup for 381 days starting from 30-JAN-2023 to 15-FEB-2024.

Details:
The Promoters have given written consent to include 532700 Equity Shares subscribed and held by them as a part of Minimum Promoters? Contribution constituting 20.00% of the post issue Paid-up Equity Shares Capital of the Company (?Minimum Promoters? contribution?) in terms of Sub-Regulation (1) of Regulation 236 of the SEBI (ICDR) Regulations, 2018 and have agreed not to sell or transfer or pledge or otherwise dispose of in any manner, the Minimum Promoters? Contribution, and to be marked Minimum Promoters? Contribution as locked-in.

In addition to Minimum Promoters? Contribution which shall be locked-in for three years, the balance 1287800 Equity Shares held by Promoters 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.

In terms of Regulation 239 of the SEBI (ICDR) Regulations, 2018, the entire pre-issue capital held by the Persons other than the Promoters shall be locked in for a period of one year from the date of allotment in the Initial Public Offer. Accordingly, 122540 Equity shares held by the Persons other than Promoters shall be locked in for a period of one year from the date of allotment in the Initial Public Offer.