Certain Equity Shares of Bajaj Housing Finance Limited are subject to a Lock-Up Agreement Ending on 12-APR-2025. These Equity Shares will be under lockup for 213 days starting from 11-SEP-2024 to 12-APR-2025.
Details:
In accordance with Regulation 14 and Regulation 16 of the SEBI ICDR Regulations, an aggregate of 20% of the fully diluted post-Offer Equity Share capital of Company held by Promoters, shall be locked in for a period of 18 months from the date of Allotment as minimum Promoters? contribution or any other period as may be prescribed under applicable law (?Minimum Promoters? Contribution?) and the shareholding of 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.
In addition to the lock-in requirements prescribed in, in accordance with Regulation 17 of the SEBI ICDR Regulations, except for the Minimum Promoters? Contribution which shall be locked-in as above, the entire pre-Offer Equity Share capital of Company will be locked-in for a period of six months from the date of Allotment, except for (a) the Equity Shares Allotted pursuant to the Offer for Sale; and (b) any Equity Shares allotted to eligible employees of Company, whether currently employees or not (or such persons as permitted under the SEBI SBEB Regulations or the ESOP Scheme) pursuant to the ESOP Scheme. As on the date of this Draft Red Herring Prospectus, none of the Equity Shares of our Company are held by any VCF or Category I AIF or Category II AIF or FVCI.
There shall be a lock-in of 90 days on 50% of the Equity Shares Allotted to the Anchor Investors from the date of Allotment, and lock-in of 30 days on the remaining 50% of the Equity Shares Allotted to the Anchor Investors from the date of Allotment.
Certain Equity Shares of Bajaj Housing Finance Limited are subject to a Lock-Up Agreement Ending on 12-APR-2025.
Published on 12/04/2025 at 03:30
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