3,549,432 Equity Shares of Maks Energy Solutions India Limited are subject to a Lock-Up Agreement Ending on 11-OCT-2023. These Equity Shares will be under lockup for 383 days starting from 23-SEP-2022 to 11-OCT-2023.

Details:
The Promoter has consented to the inclusion of such number of the Equity Shares held by him, in aggregate, as may constitute 20% of the Post-Issue Capital of Company as Promoter?s contribution and has agreed not to sell or transfer or pledge or otherwise dispose of in any manner, the Promoter?s Contribution, for a period of three years from the date of allotment in the issue.

Other than the Equity Shares allotted to the Promoters for the Minimum Promoter?s Contribution, which will be locked-in as minimum Promoter?s contribution for three (3) years, all the Pre-Issue Equity Shares shall be subject to lock-in for a period of one (1) year from the date of Allotment.