6,040,000 Equity Shares of DOMS Industries Limited are subject to a Lock-Up Agreement Ending on 18-JUN-2024.
June 18, 2024
Share
6,040,000 Equity Shares of DOMS Industries Limited are subject to a Lock-Up Agreement Ending on 18-JUN-2024. These Equity Shares will be under lockup for 186 days starting from 15-DEC-2023 to 18-JUN-2024.
Details:
Pursuant to Regulations 14 and 16 of the SEBI ICDR Regulations, an aggregate of 20% of the fully diluted post-Offer Equity Share capital of our Company held by the Promoters shall be locked in for a period of three years as minimum promoters? contribution from the date of Allotment (?Promoters? Contribution?).
In addition to the Promoters? Contribution and any Equity Shares held by our Promoters in excess of the Promoters? Contribution which shall be locked in as above, the entire pre-Offer Equity Share capital of our Company will be locked-in for a period of six months from the date of Allotment.
Excess of 20% of the fully diluted post-Offer Equity Share capital shall be locked in for a period of one year from the date of Allotment.
DOMS Industries Limited is an India-based company. The Company is primarily engaged in manufacturing, marketing, trading and distribution of school stationery and art materials under the brand name DOMS and C3. Its products consist of erasers, graphite pencil, sharpeners, acrylic colors, color pencils, oil pastels, plastic crayons, poster colors, sketch pens, synthetic brushes, tube colors, watercolors, wax crayons, drawing instruments, geometry boxes, diary, notebooks, ball pens, chalks, correction pens, drawing pads, writing pad, and marker pen, among others. The Company has approximately 11 manufacturing facilities located in Umbergaon, Gujarat and Bari Brahma, Jammu & Kashmir.