10,092,347 Equity Shares of HP Adhesives Limited are subject to a Lock-Up Agreement Ending on 26-DEC-2022. These Equity Shares will be under lockup for 371 days starting from 20-DEC-2021 to 26-DEC-2022.

Details:
Equity Shares aggregating to 20% of the post-Offer capital of Company, held by Promoters shall be locked-in for a period of three (3) years from the date of Allotment in the Offer.

The entire pre-Offer Equity Share capital of Company will be locked-in for a period of one year from the date of Allotment, except for the Equity Shares sold pursuant to the Offer for Sale and any other categories of shareholders exempt under Regulation 17 of the SEBI ICDR Regulations, as applicable.