10,802,516 Equity Shares of Virtuoso Optoelectronics Limited are subject to a Lock-Up Agreement Ending on 25-SEP-2023. These Equity Shares will be under lockup for 376 days starting from 14-SEP-2022 to 25-SEP-2023.

Details:
Pursuant to the Regulations 236 and 238 of SEBI ICDR Regulations, an aggregate of at least 20 percent 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.

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.