Certain Equity shares of All E Technologies Limited are subject to a Lock-Up Agreement Ending on 16-DEC-2023. These Equity shares will be under lockup for 367 days starting from 14-DEC-2022 to 16-DEC-2023.

Details:
20% of the fully diluted post Offer Equity Share capital of our Company held by the Promoter shall be considered as Promoter?s Contribution Promoter?s Contribution and shall be locked in for a period of three years from the date of Allotment of Equity Shares and the shareholding of the Promoter in excess of 20% of the fully diluted post OfferEquity Share capital shall be locked in for a period of one year from the date of Allotment.

The Minimum Promoter's Contribution does not include Equity Shares acquired during the one year preceding the date of this Draft Red Herring Prospectus at a price lower than the price at which the Equity Shares are being offered to the public in the Offer.

Pursuant to Regulation 238 (b) of the SEBI (ICDR) Regulations, in addition to the Promoter?s Contribution be locked-in for a period of 3 years, as specified above, 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.