47,976,120 Equity Shares of Gandhar Oil Refinery (India) Limited are subject to a Lock-Up Agreement Ending on 28-MAY-2024. These Equity Shares will be under lockup for 185 days starting from 25-NOV-2023 to 28-MAY-2024.

Details:
An aggregate of at least 20% of the post-offer equity shares help by the company?s promotors is required to be locked-in for a period of 18 months from the date of allotment. The promotor?s shareholding in excel of 20% shall be locked in for a period of six months from the date of allotment.