6,930,104 Equity Shares of P.E. Analytics Limited are subject to a Lock-Up Agreement Ending on 29-MAR-2023. These Equity Shares will be under lockup for 365 days starting from 29-MAR-2022 to 29-MAR-2023.

Details:
Pursuant to Regulation 236 and 238 of SEBI (ICDR) Regulations, 2018 an aggregate of 20.00% of the post issue capital, held by our Promoters shall be considered as Promoter's Contribution (“Promoter's Contribution”) and locked-in for a period of three years from the date of commencement of commercial production or date of allotment, whichever is later.

Our Promoter i.e. Mr. Samir Jasuja has granted his that is 21,00,000 Equity Shares held by him that constitute 20.03 % of the post-issue Equity Share Capital of our 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 from the date of filing of this Draft Red Herring Prospectus until the commencement of the lock-in period specified above.

In addition to minimum 20.00% of the Post-Issue shareholding of our Company held by the Promoter (locked in for eighteen months as specified above), in accordance with regulation 238 (b) of SEBI (ICDR) Regulations, 2018, the entire pre-issue share capital of our Company shall be locked in for a period of one year from the date of Allotment in this Issue.