384,600 Equity Shares of G M Polyplast Limited are subject to a Lock-Up Agreement Ending on 1-NOV-2023. These Equity Shares will be under lockup for 1117 days starting from 10-OCT-2020 to 1-NOV-2023.

Details:
Pursuant to the Regulation 236 and 238 of SEBI (ICDR) Regulations, 2018, an aggregate of at least 20% of the post offer Equity Share capital of the company held by the the promoters namely Dinesh Balbirsingh Sharma and Sarita Dinesh Sharma shall be considered as Promoters? contribution and locked-in for a period of three years from the date of Allotment.

Pursuant to regulation 238(b) and 239 of the SEBI (ICDR) Regulations, 2018, other than the Equity Shares held by the promoters which will be locked-in as minimum Promoters? contribution for three years, all pre-offer Equity Shares shall be subject to lock-in for a period of one year from the date of Allotment in the offer, other than the equity shares allotted and subscribed pursuant to the Offer for Sale.