11,863,607 Equity Shares of Hariom Pipe Industries Limited are subject to a Lock-Up Agreement Ending on 29-APR-2023. These Equity Shares will be under lockup for 387 days starting from 7-APR-2022 to 29-APR-2023.

Details:
An aggregate of 20% of the fully diluted post-Issue Equity Share capital of the Company held by the Promoters shall be locked in for a period of three years as minimum promoters' contribution from the date of Allotment, and the Promoters' shareholding in excess of 20% of the fully diluted post-Issue Equity Share capital shall be locked in for a period of one year from the date of Allotment.

In addition to the 20% of the fully diluted post-Issue shareholding of the Company held by the Promoters and locked in for three years as specified above, the entire pre-Issue Equity Share capital of the Company will be locked-in for a period of one year from the date of Allotment