1,140,000 Equity Shares of Richa Info Systems Limited are subject to a Lock-Up Agreement Ending on 28-FEB-2023. These Equity Shares will be under lockup for 377 days starting from 16-FEB-2022 to 28-FEB-2023.

Details:
The Promoters have given written consent to include 490,000 Equity Shares subscribed and held by them as a part of Minimum Promoters' Contribution constituting 20.16% of the post issue Paid-up Equity Shares Capital of the Company (“Minimum Promoters' contribution”) in terms of Sub-Regulation (1) of Regulation 236 of the SEBI (ICDR) Regulations, 2018 and have agreed not to sell or transfer or pledge or otherwise dispose of in any manner, the Minimum Promoters' Contribution, and to be marked Minimum Promoters' Contribution as locked-in for three years.

In addition to Minimum Promoters' Contribution which shall be locked-in for three years, 1,140,000 Equity Shares shall be locked-in for one year, until February 28, 2023.