7,515,450 Equity Shares of Maiden Forgings Limited are subject to a Lock-Up Agreement Ending on 11-APR-2024. These Equity Shares will be under lockup for 372 days starting from 5-APR-2023 to 11-APR-2024.

Details:
Our Promoters have given consent to include such number of Equity shares held by them as may constitute 20.00% of the post-issue Equity Share Capital of our company as promoters? contribution and have agreed not to sell or transfer or pledge for a period of three years from the date of allotment of Equity shares.

The entire pre-offer Equity share capital will be locked in for a period of one (1) year from the date of allotment in this offer.