Certain Equity Shares of DCX Systems Limited are subject to a Lock-Up Agreement Ending on 8-MAY-2024. These Equity Shares will be under lockup for 548 days starting from 7-NOV-2022 to 8-MAY-2024.

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 the Company held by its Promoters shall be locked in as minimum promoters? contribution for a period of eighteen months from the date of Allotment(?Minimum Promoters? Contribution?) and the shareholding of our Promoters in excess of 20% of the fully diluted post-Offer Equity Share capital shall be locked in for a period of six months from the date of Allotment. The Promoters have agreed not to sell, dispose, transfer, charge, pledge or otherwise encumber in any manner the Equity Shares held by them, that constitute the Minimum Promoters? Contribution.

In addition to the Minimum Promoters? Contribution, which will be locked in for eighteen months as specified above, the entire pre-Offer Equity Share capital held by persons (including those Equity Shares held by the Promoters in excess of the Minimum Promoters? Contribution) will be locked-in for a period of six months from the date of Allotment in the Offer, except Offered Shares and any other categories of shareholders exempted under Regulation 17 of the SEBI ICDR Regulations.

54,34,781 Equity Shares allotted to Anchor Investors are Locked-in for 30 days i.e. upto 08th December, 2022 and 54,34,783 Equity Shares allotted to Anchor Investors are Locked-in for 90 days i.e.upto 06th February, 2023;