647,226 Equity Shares of Sonalis Consumer Products Limited are subject to a Lock-Up Agreement Ending on 26-JUN-2024. These Equity Shares will be under lockup for 378 days starting from 14-JUN-2023 to 26-JUN-2024.

Details:
Pursuant to Regulation 236 and Regulation 238 of the SEBI (ICDR) Regulations, an aggregate of 20% of the fully diluted post issue equity share capital of the company held by the promoters shall be locked in for a period of three years as minimum promoters? contribution from the date of Allotment and the promoters? shareholding in excess of 20% of the fully diluted post-Issue equity share capital shall be locked in for a period of one year from the date of Allotment.

In addition to Minimum Promoters? Contribution which shall be locked-in for three years, the balance 3,60,773 Equity Shares held by Promoter shall be locked in for a period of one year from the date of allotment in the Initial Public Offer.

In terms of Regulation 239 of the SEBI (ICDR) Regulations, 2018, the entire pre-issue capital held by the Persons other than the Promoter shall be locked in for a period of one year from the date of allotment in the Initial Public Offer. Accordingly, 2,86,453 Equity shares held by the Persons other than Promoter shall be locked in for a period of one year from the date of allotment in the Initial Public Offer.