Certain Equity Shares of JNK India Limited are subject to a Lock-Up Agreement Ending on 25-MAY-2024. These Equity Shares will be under lockup for 30 days starting from 25-APR-2024 to 25-MAY-2024.

Details:
Pursuant to Regulation 14 of the SEBI ICDR Regulations, an aggregate of 20% of the fully diluted post-offer equity share capital (considering vested options) of our company held by our promoters shall be considered as minimum promoter?s contribution and, pursuant to regulation 16 of the SEBI ICDR regulations, shall be locked-in for a period of eighteen months years from the date of allotment (?promoter?s contribution?). Our promoter?s shareholding in excess of 20% of the fully diluted post-offer equity share capital shall be locked in for a period of six months year from the date of allotment.

50% Equity Shares Allotted to Anchor Investors in 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.