3,600,000 Equity Shares of Suratwwala Business Group Limited are subject to a Lock-Up Agreement Ending on 11-AUG-2023. These Equity Shares will be under lockup for 1096 days starting from 10-AUG-2020 to 11-AUG-2023.

Details:
Pursuant to Regulation 236 and Regulation 238 of the SEBI (ICDR) Regulations, 2018 an aggregate of 20% of the post-Issue Equity Share capital of the Company held by Promoter namely Jatin Dhansukhlal Suratwala and Manoj Dhansukhlal Suratwala shall be considered as Promoters' Contribution and shall be locked-in for a period of three years from the date of allotment of equity shares issued pursuant to this Issue.

Other than the Equity Shares held by Promoters, which will be locked-in as minimum Promoters contribution for three years, all pre-Issue Equity Shares shall be subject to lock-in for a period of one year from the date of Allotment in this Issue.