Certain Equity Shares of Vedant Fashions Limited are subject to a Lock-Up Agreement Ending on 9-AUG-2023. These Equity Shares will be under lockup for 546 days starting from 9-FEB-2022 to 9-AUG-2023.

Details:
Pursuant to Regulation 14 and Regulation 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 shall be locked in for a period of eighteen months 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 six months from the date of Allotment.