7,529,166 Equity Shares of Srivasavi Adhesive Tapes Limited are subject to a Lock-Up Agreement Ending on 22-MAR-2024. These Equity Shares will be under lockup for 379 days starting from 9-MAR-2023 to 22-MAR-2024.

Details:
Pursuant to the Regulation 236 and 238 of SEBI ICDR Regulations, an aggregate of at least 20% of the post Issue Equity Share capital of the Company held by the Promoters shall be locked-in for a period of three years from the date of Allotment in this Issue.

Pursuant to Regulation 238(b) and 239 of the SEBI ICDR Regulations, other than the Equity Shares held by the Promoter, which will be locked-in as minimum Promoter?s 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.