42,919,500 Equity Shares of KFin Technologies Limited are subject to a Lock-Up Agreement Ending on 26-JUN-2024. These Equity Shares will be under lockup for 552 days starting from 22-DEC-2022 to 26-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, assuming exercise of all vested options of the Company as on the date of this Red Herring Prospectus, except for the Equity Shares offered pursuant to the Offer for Sale, shall be locked in for a period of 18 months from the date of Allotment as minimum Promoter?s contribution (?Minimum Promoter?s Contribution?).

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

Unless provided otherwise under applicable law, pursuant to the SEBI ICDR Regulations, the entire pre-Offer capital of the Company (excluding the Equity Shares held by the Promoter mentioned in point 7 above) shall be locked-in for a period of six months from the date of Allotment, except for (a) Equity Shares allotted to employees, whether currently an employee or not, under the KFin ESOP Plan 2020; (b) Equity Shares held by an employee stock option trust or transferred to the employees by an employee stock option trust pursuant to exercise of options by the employees, whether currently an employee or not, in accordance with the KFin ESOP Plan 2020; (c) Equity Shares held by a venture capital fund or alternative investment fund of Category I or Category II or a foreign venture capital investor, which shall be locked in for a period of six months from the date of purchase by such investor, as applicable; and (d) Offered Shares, which are successfully sold and transferred as part of the Offer. Further, any unsubscribed portion of the Offered Shares will also be locked in, as required under the SEBI ICDR Regulations.

Our Promoter has undertaken and consented that, over and above the Minimum Promoters? Contribution, 8,993,314 Equity Shares aggregating to 5.37% of the pre- Offer Equity Sha re capital of our Company, which were acquired by our Promoter from the CP Group, shall be locked in for a period of 18 months from the date of Allotment