13,557,000 Ordinary Voting Shares of Sarvodaya Development Finance Limited are subject to a Lock-Up Agreement Ending on 2-DEC-2022.
Details:
In compliance with the CSE Listing Rules the Shares continued to be held by the existing Non Public' shareholders will be locked-in for a period of six (6) months from the date of listing of Shares of SDF on the CSE.
Accordingly, the SEC via its letter dated August 31, 2021, Shares allotted to other shareholders (except for Sarvodaya Societies) will be subject to a lock-in period of six (6) months from the date of listing or twelve (12) months from the date of allotment, whichever is longer.