11,863,607 Equity Shares of Hariom Pipe Industries Limited are subject to a Lock-Up Agreement Ending on 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