27,099,163 Equity Shares of Tarsons Products Limited are subject to a Lock-Up Agreement Ending on 23-NOV-2022.
November 22, 2022
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27,099,163 Equity Shares of Tarsons Products Limited are subject to a Lock-Up Agreement Ending on 23-NOV-2022. These Equity Shares will be under lockup for 370 days starting from 18-NOV-2021 to 23-NOV-2022.
Details:
An aggregate of 20% of the fully diluted post-Offer 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 and the Promoters' shareholding in excess of 20% shall be locked in for a period of one year from the date of Allotment.
Tarsons Products Limited is an India-based labware company. The Company is engaged in designing, development, manufacturing and marketing of consumables, reusables and others including benchtop equipment, used in various laboratories across research organizations, academia institutes, pharmaceutical companies contract research organizations (CROs), diagnostic companies and hospitals. The Company is also engaged in the manufacturing of range a of labware products which helps scientific discovery and improve healthcare. The Company has developed a diverse range of labware products under the categories: consumables, reusables and others. The Company's consumables products include pipette tips, centrifuge ware, petri dishes, cryo ware and storage vials. Its reusable products include bottles and carboys, beakers, cylinders and racks. Its other products include centrifuge, vortex, and pipettors.