3,827,752 Equity Shares of Medi Assist Healthcare Services Limited are subject to a Lock-Up Agreement Ending on 9-JUL-2024. These Equity Shares will be under lockup for 174 days starting from 17-JAN-2024 to 9-JUL-2024.

Details:
Pursuant to Regulation 14(1) and Regulation 16 of the SEBI ICDR Regulations, an aggregate of 20% of the fully diluted post-Offer Equity Share capital of our Company held by our Promoters (assuming exercise of all vested options granted under the MAHS ESOP Scheme 2013) shall be considered as minimum promoters? contribution and locked-in for a period of 18 months from the date of Allotment.

Pursuant to Regulation 22 of the SEBI ICDR Regulations, (a) the Equity Shares held by the Promoters, which are locked-in may be transferred to another promoter and among the members of the Promoter Group or to any new promoters of our Company, and (b) the Equity Shares held by persons other than the 76 Promoters and locked-in for a period of six months from the date of Allotment in the Offer may be transferred to any other person holding the Equity Shares which are locked-in, subject to continuation of the lock-in in the hands of transferees for the remaining period and compliance with the SEBI Takeover Regulations.

The Equity Shares held by (a) 360 One Special Opportunities Fund ? Series 9, (b) 360 One Special Opportunities Fund ? Series 10, and (c) Volrado Venture Partners Fund ? III - Beta, alternative investment funds of category II registered with SEBI, are required to be locked-in for a period of six months from their date of purchase of Equity Shares i.e., January 10, 2024.