4,606,800 Equity Shares of De Neers Tools Limited are subject to a Lock-Up Agreement Ending on 15-MAY-2024. These Equity Shares will be under lockup for 376 days starting from 5-MAY-2023 to 15-MAY-2024.

Details:
Specific written consent has been obtained from the Promoters for inclusion of 17,23,200 Equity Shares for ensuring lock-in of three years to the extent of minimum 20.02% of post issue Paid-up Equity Share Capital from the date of allotment in the public 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.