4,900,000 Equity Shares of Global Longlife Hospital and Research Limited are subject to a Lock-Up Agreement Ending on 10-MAY-2023.
May 09, 2023
Share
4,900,000 Equity Shares of Global Longlife Hospital and Research Limited are subject to a Lock-Up Agreement Ending on 10-MAY-2023. These Equity Shares will be under lockup for 377 days starting from 28-APR-2022 to 10-MAY-2023.
Details:
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 the Company i.e. 2,100,000 equity shares shall be locked in by our Promoter for three years from the date of allotment.
In addition to 20.00% (21,00,000) of the post-Issue shareholding of the Company shall be locked-in for three years as the minimum Promoters contribution, the balance Pre-Issue Paid-up Equity Share Capital i.e. 17,98,990 Equity Shares, would be locked-in for a period of one year from the date of Allotment in the proposed Initial Public Offering. 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 31,01,010 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.
Global Longlife Hospital and Research Limited is a multispecialty hospital operator providing medical and allied services. The Company offers medical services across oncology, ophthalmology, allergy and immunology, pain management, pulmonology, anesthesiology, cardiology, dermatology, critical care, diabetes and endocrinology, gi medicine, gynecology, infectious disease, nephrology and neurology. Its surgical services include cvts, joint replacement and ortho, general surgery, onco surgery, gi surgery, neurosurgery and ear, nose and throat. Its radiology services include mammography, ct scan, x-ray, ultrasound, endoscopy, sonography, and others. Its pathology services include microbiology, biochemistry, clinical pathology, cyto pathology, hematology, serology, and others. Its other services include dialysis, pharmacy, ambulance, dietary and physiotherapy.