10,546,512 Equity Shares of Laxmi Organic Industries Limited are subject to a Lock-Up Agreement Ending on 23-MAR-2024. These Equity Shares will be under lockup for 1101 days starting from 18-MAR-2021 to 23-MAR-2024.

Details:
The Promoters, Ravi Goenka and Yellow Stone Trust have agreed not to dispose off an aggregate of 20% of the fully diluted post-Offer Equity Share capital of the company for 3 years from the allotment date in the issue.

The entire remaining pre-Offer Equity Share capital will be escrowed for 1 year from the allotment date in the issue.