404,800 Equity Shares of Naman In-Store (India) Limited are subject to a Lock-Up Agreement Ending on 27-APR-2024. These Equity Shares will be under lockup for 30 days starting from 28-MAR-2024 to 27-APR-2024.

Details:
The Minimum Promoter?s Contribution has been brought into to the extent of not less than the specified minimum lot and has been contributed by the persons defined as ?Promoters? under the SEBI (ICDR) Regulations, 2018. All Equity Shares that are being locked in are not ineligible for computation of Promoter?s contribution in terms of Regulation 237 of the SEBI ICDR Regulations and are being locked in for 3 years as per Regulation 238(a) of the SEBI (ICDR) Regulations i.e., for a period of three years form the allotment of Equity Shares in this Issue. Equity Shares offered by the Promoter for the minimum Promoter?s contribution are not subject to pledge.

In terms of Regulation 238(b) and 239 of the SEBI (ICDR) Regulations, 2018, in addition to the Minimum Promoters contribution which is locked in for three years, as specified above, the entire pre-issue equity share capital constituting Equity Shares shall be locked in for a period of one year from the date of allotment of Equity Shares in this Issue.

Equity Shares Allotted in the Anchor Investor Portion will be locked in for a period of 30 days from the date of Allotment.