618,000 Equity Shares of Quest Laboratories Limited are subject to a Lock-Up Agreement Ending on 19-JUN-2024. These Equity Shares will be under lockup for 30 days starting from 20-MAY-2024 to 19-JUN-2024.

Details:
Details of Promoter?s Contribution locked-in for three (3) years Pursuant to the Regulation 236 and 238 of SEBI ICDR Regulations, an aggregate of at least 20% of the post Issue Equity Share capital of our Company held by our Promoter shall be locked-in for a period of three years from the date of Allotment in this Issue. As on date of this Draft Red Herring Prospectus, our Promoters holds 1,05,74,250 Equity Shares constituting 88.58% of the Post Issued, Subscribed and Paid-up Equity Share Capital of our Company, which are eligible for Promoter?s Contribution.

Equity Shares locked-in for one year other than Minimum Promoters? Contribution ? Pursuant to Regulation 238(b) and 239 of the SEBI ICDR Regulations, other than the Equity Shares held by our Promoters, which will be locked-in as minimum Promoters? contribution for three years, all pre-Issue Equity Shares shall be subject to lock-in for a period of one year from the date of Allotment in this Issue.

Lock-in of the Equity Shares to be Allotted, if any, to the Anchor Investors ? Fifty percent of the Equity Shares allotted to Anchor Investors under the Anchor Investor Portion shall be locked-in for a period of 90 days from the date of Allotment and the remaining Equity Shares allotted to Anchor Investors under the Anchor Investor Portion shall be locked-in for a period of 30 days from the date of Allotment.