39,394,375 Equity Shares of Radiant Cash Management Services Limited are subject to a Lock-Up Agreement Ending on 1-JUL-2023. These Equity Shares will be under lockup for 182 days starting from 31-DEC-2022 to 1-JUL-2023.

Details:
An aggregate of 20% of the fully diluted post-Offer Equity Share capital of Company held by Promoters shall be considered as minimum promoters’ contribution and locked-in for a period of eighteen months from the date of Allotment and the shareholding of our Promoters in excess of 20% of the fully diluted post-Offer Equity Share capital shall be locked in for a period of six months from the date of Allotment.

As on the date of this Draft Red Herring Prospectus, Promoters hold 63,577,310 Equity Shares, constituting 62.79 % of our Company’s issued, subscribed and paid-up Equity Share capital on a fully diluted basis, all of which are eligible for Promoters’ Contribution.