508,000 Equity Shares of Aztec Fluids & Machinery Limited are subject to a Lock-Up Agreement Ending on 14-JUN-2024. These Equity Shares will be under lockup for 30 days starting from 15-MAY-2024 to 14-JUN-2024.

Details:
Pursuant to Regulation 236 and 238 of SEBI (ICDR) Regulations, 2018, an aggregate of 20.00% of the post issue capital held by our promoters shall be considered as promoter?s contribution (?promoters contribution?) and shall be locked-in for a period of three years from the date of allotment of equity shares issued pursuant to this issue.

In terms of Regulation 238(b) and 239 of the SEBI (ICDR) Regulations, 2018, in addition to the minimum promoters contribution which is locked in for three years, as specified above, the entire pre-issue equity share capital constituting 72,75,000 equity shares shall be locked in for a period of one year from the date of allotment of equity shares in this issue.

50% of the equity shares allotted to the anchor investors shall be locked in for a period of 90 days from the date of allotment and remaining 50% shall be locked in for a period of 30 days from the date of allotment.