5,572,800 Equity Shares of Dipna Pharmachem Limited are subject to a Lock-Up Agreement Ending on 19-SEP-2023. These Equity Shares will be under lockup for 377 days starting from 7-SEP-2022 to 19-SEP-2023.

Details:
5,572,800 equity shares are locked up from August 23, 2022 to September 19, 2023. 2395000 equity shares are locked up from August 23, 2022 to September 19, 2025. 200 equity shares are locked up from August 23, 2022 to September 20, 2023.

As per clause (a) Regulation 238 of the SEBI (ICDR) Regulations and in terms of the aforesaid table, an aggregate of 20.00% of the post-Issue Equity Share Capital of our Company i.e. 23,95,000 equity shares shall be locked in by our Promoter for three years.

In addition to 20.00% (23,95,000) of the post-Issue shareholding of our Company shall be locked-in for three years as the minimum Promoters? contribution, the balance Pre-Issue Paid-up Equity Share Capital i.e. 24,89,000 Equity Shares, would be locked-in for a period of one year from the date of Allotment in the proposed Initial Public Offering as provided in clause (b) of Regulations 238 of SEBI (ICDR) Regulations, 2018.

In terms of Regulation 239 of the SEBI (ICDR) Regulations, 2018, the entire pre-issue capital held by the Persons other than the Promoters shall be locked in for a period of one year from the date of allotment in the Initial Public Offer. Accordingly 30,84,000 Equity shares held by the Persons other than the Promoters shall be locked in for a period of one year from the date of allotment in the Initial Public Offer.