11,250,000 Equity Shares of Juniper Hotels Limited are subject to a Lock-Up Agreement Ending on 26-MAR-2024. These Equity Shares will be under lockup for 32 days starting from 23-FEB-2024 to 26-MAR-2024.

Details:
Pursuant to Regulation 14 and Regulation 16(1)(a) of the SEBI ICDR Regulations, an aggregate of 20% of the fully diluted post-Issue Equity Share capital of the Company held by the Promoters shall be considered as minimum promoters? contribution and locked-in for a period of three years from the date of Allotment (?Promoters? Contribution?). The Promoters? shareholding in excess of 20% of the fully diluted post-Issue Equity Share capital shall be locked in for a period of one year from the date of Allotment.

In terms of Regulation 17(c) of the SEBI ICDR Regulations, Equity Shares held by a VCF or Category I AIF or Category II AIF or FVCI shall not be locked-in for a period of six months from the date of Allotment, provided that such Equity Shares shall be locked in for a period of at least six months from the date of purchase by such shareholders.

50% Equity Shares Allotted to Anchor Investors in the Anchor Investor Portion shall be locked-in for a period of 90 days from the date of Allotment and the remaining 50% shall be locked-in for a period of 30 days from the date of Allotment.