4,035,000 Equity Shares of Maruti Interior Products Limited are subject to a Lock-Up Agreement Ending on 2-MAR-2023. These Equity Shares will be under lockup for 384 days starting from 11-FEB-2022 to 2-MAR-2023.

Details:
Pursuant to the Regulation 236 and 238 of the SEBI (ICDR) Regulations, an aggregate of 20% of the PostIssue Equity Share Capital held by our Promoter shall be considered as promoter' contribution (“Promoter' Contribution”) and locked-in for a period of three years from the date of Allotment.

Pursuant to Regulation 238(b) of the SEBI (ICDR) Regulations, in addition to the Promoter' Contribution to be locked-in for a period of 3 years, as specified above, the entire Pre-Issue Equity Share capital will be locked in for a period of one (1) year from the date of Allotment in this Issue, other than the Equity Shares allotted and subscribed pursuant to the Offer for Sale.