50,499,845 Equity Shares of INOX India Limited are subject to a Lock-Up Agreement Ending on 19-JUN-2024. These Equity Shares will be under lockup for 184 days starting from 18-DEC-2023 to 19-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 the Company held by the Promoters, except for the Equity Shares offered pursuant to the Offer for Sale, shall be locked in for a period of eighteen months as minimum promoters? contribution from the date of Allotment (?Promoters? Contribution?), and the Promoters? shareholding 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.