1,451,600 Equity Shares of Vedant Asset Limited are subject to a Lock-Up Agreement Ending on 27-OCT-2023. These Equity Shares will be under lockup for 381 days starting from 11-OCT-2022 to 27-OCT-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 the Promoters shall be considered as Promoter?s Contribution (?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.

In terms of Regulation 238(b) and 239 of the SEBI (ICDR) Regulations, 2018, in addition to the Minimum Promoters contribution which is locked in for three years, the entire pre-issue equity share capital constituting 14,51,600 Equity Shares shall be locked in for a period of one year from the date of allotment of Equity Shares in this Issue.