227,651,000 Equity Shares of Equitas Small Finance Bank Limited are subject to a Lock-Up Agreement Ending on 27-OCT-2023. These Equity Shares will be under lockup for 1098 days starting from 24-OCT-2020 to 27-OCT-2023.

Details:
The Equity Shares held by Promoter to be locked-in for three years from the date of Allotment.

The Equity Shares held by any person other than our Promoter and locked-in for a period of one year from the date of Allotment.

In addition to the 20% of the fully diluted post-Offer shareholding held by the Promoter locked in for three years as specified above, the entire pre-Offer Equity Share capital of our Bank will be locked-in for a period of one year from the date of Allotment except for the Equity Shares offered pursuant to the Offer for Sale, any Equity Shares held by the eligible employees (whether currently employees or not) of our Bank or our Promoter which have been or will be allotted to them under the ESFB ESOP Plan 2019 and the Equity Shares held by VCFs or Category I AIF or Category II AIF or FVCI, subject to certain conditions set out in Regulation 17 of the SEBI ICDR Regulations, provided that such Equity Shares will be locked-in for a period of at least one year from the date of purchase by the VCFs or Category I AIF or Category II AIF or FVCI.