162,508,220 Equity Shares of Hyundai Motor India Limited are subject to a Lock-Up Agreement Ending on 19-APR-2026. These Equity Shares will be under lockup for 549 days starting from 17-OCT-2024 to 19-APR-2026.

Details:
Pursuant to Regulations 14 and 16 of the SEBI ICDR Regulations, an aggregate of 20% of the fully diluted post-Offer Equity Share capital of Company held by Promoter shall be considered as minimum promoter contribution and locked-in for a period of 18 months or any other period as may be prescribed under applicable law, from the date of Allotment (?Promoter?s Contribution?) and the Equity Shares held by the Promoter in excess of Promoter?s Contribution and the Equity Shares held by them transferred pursuant the Offer, shall be locked in for a period of six months, from the date of Allotment or any other period as may be prescribed under applicable law.

In addition to Promoter?s Contribution locked in for 18 months any Equity Shares held by Promoter?s in excess of Promoter?s Contribution shall be locked in for a period of six months. Pursuant to Regulation 17 of the SEBI ICDR Regulations, the entire pre-Offer Equity Share capital of Company will be locked in for a period of six months from the date of Allotment, except for Equity Shares Allotted pursuant to the Offer for Sale. As on the date of this Draft Red Herring Prospectus, the Company does not have Shareholders that are venture capital funds or alternative investment funds of category I or category II or a foreign venture capital investor.

50% of the Equity Shares Allotted to Anchor Investors under the Anchor Investor Category shall be locked in for a period 90 days from the date of Allotment and the remaining 50% of the Equity Shares Allotted to Anchor Investors in the Anchor Investor Category shall be locked-in for a period of 30 days from the date of Allotment.