3,506,738 Equity Shares of Awfis Space Solutions Limited are subject to a Lock-Up Agreement Ending on 26-JUN-2024. These Equity Shares will be under lockup for 30 days starting from 27-MAY-2024 to 26-JUN-2024.

Details:
Pursuant to Regulations 14 and 16 of the SEBI ICDR Regulations, an aggregate of 20% of the fully diluted postOffer Equity Share capital of our Company held by Promoters shall be considered as minimum promoters? contribution and locked-in for a period of eighteen months from the date of Allotment (?Promoters? Contribution?).

Promoters? shareholding in excess of 20% shall be locked in for a period of six months from the date of Allotment.

In terms of Regulation 17 of the SEBI ICDR Regulations, the entire pre-Offer Equity Share capital of Company will be locked-in for a period of six months from the date of Allotment except for (i) the Promoters? Contribution which shall be locked-in for a period of 18 months as detailed above; and (ii) the Equity Shares offered pursuant to the Offer for Sale; and (iii) any Equity Shares held by a VCF or Category I AIF or Category II AIF or FVCI (as defined under the SEBI (Foreign Venture Capital Investor) Regulations, 2009), as applicable, provided that (a) such Equity Shares shall be locked in for a period of at least six months prescribed under the SEBI ICDR Regulations from the date of purchase by such shareholders, and (b) such VCF or AIF of category I or category II or a FVCI holds, individually or with persons acting in concert, less than 20% of pre-Offer Equity Share capital of the Company (on a fully diluted basis).

50% of the Equity Shares allotted to Anchor Investors under the Anchor Investor Portion shall be locked-in for a period of 90 days from the date of Allotment and the remaining 50% shall be locked-in for a period of 30 days from the date of Allotment.