2,889,866 Equity Shares of Technopack Polymers Limited are subject to a Lock-Up Agreement Ending on 28-NOV-2023. These Equity Shares will be under lockup for 382 days starting from 11-NOV-2022 to 28-NOV-2023.

Details:
Pursuant to the Regulation 236 and 238 of the SEBI (ICDR) Regulations, an aggregate of 20% of the Post-Issue Equity Share Capital held by the Promoter shall be considered as promoter? contribution (?Promoter? Contribution?) and locked-in for a period of three years from the date of Allotment. The lock-in of the Promoter? Contribution would be created as per applicable law and procedure and details of the same shall also be provided to the Stock Exchange before listing of the Equity Shares.

Pursuant to Regulation 238(b) of the SEBI (ICDR) Regulations, in addition to the Promoter? Contribution to be locked-in for a period of 3 years, as specified above, the entire Pre-Issue Equity Share capital will be locked in for a period of one (1) year from the date of Allotment in this Issue, other than the Equity Shares allotted and subscribed pursuant to the Offer for Sale.