2,670,000 Equity Shares of S. V. J. Enterprises Limited are subject to a Lock-Up Agreement Ending on 25-MAR-2024. These Equity Shares will be under lockup for 388 days starting from 3-MAR-2023 to 25-MAR-2024.

Details:
Pursuant to Regulation 236 and Regulation 238 of the SEBI (ICDR) Regulations, 2018 an aggregate of 20% of the post-Issue Equity Share capital of the Company held by the Promoters shall be considered as Promoters' Contribution, and shall be locked-in for a period of three years from the date of Allotment of Equity Shares issued pursuant to this Issue. The company further confirms that Minimum Promoters? Contribution of 3,29,200 (20%) of the post Issue Paid-up Equity Shares Capital does not include any contribution from Alternative Investment Fund.

The Promoters have given consent to include such number of Equity Shares held by them as may constitute 20% of the fully diluted Post-Issue Equity Share capital of the Company as Minimum Promoter's Contribution. The Promoters have agreed not to sell, transfer, charge, pledge or otherwise encumber in any manner the Minimum Promoter's Contribution from the date of filing this Draft Prospectus, until the expiry of the lock-in period specified above, or for such other time as required under SEBI (ICDR) Regulations, except as may be permitted, in accordance with the SEBI (ICDR) Regulations.

Other than the Equity Shares held by the 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.