7,497,729 Equity Shares of Siddhi Cotspin Limited are subject to a Lock-Up Agreement Ending on 30-SEP-2026. These Equity Shares will be under lockup for 372 days starting from 23-SEP-2025 to 30-SEP-2026.
Details:
Naveen Saraogi has given his written consent to include 48,81,300 Equity Shares subscribed and held by him as a part of Minimum Promoters? Contribution constituting 20.00% of the post offer Paid-up Equity Shares Capital of the company (?Minimum Promoters? contribution?) shall be locked-in for a period of three years from the date of commencement of commercial production or date of allotment in the Initial Public Offer, whichever is later. The balance equity shares shall be locked in for a period of one year from the date of allotment in the Initial Public offer.
Fifty percent. i.e. 55,59,462 equity shares of promoters? holding in excess of minimum promoters? contribution shall be locked in for a period of two years from the date of allotment and remaining fifty percent. i.e. 55,59,461 equity shares of promoters? holding in excess of minimum promoters? contribution shall be locked in for a period of one year from the date of allotment.
19,38,268 Equity shares held by the Persons other than Promoter shall be locked in for a period of one year from the date of allotment.
