 

‘Name of No. of Equity No. of Date of Face Allotment/Natureof%of Date up to

the Shares held Equity _allotment/transfer’ value Acquisition transaction _the. which the
Promoter Shares” per _ price per fully Equity
locked-in Equity Equity diluted Shares are
Share Share (2) post- subject to
®@ Offer lock-in
paid-
up
Capital
VKS 14,999,880 5,403,400 January 31, 2020 10 NA Transfer by 10.00 November
Family way of gift 26, 2024
Trust from
Prahlad Rai
PKS 14,999,880 5,403,400 January 31, 2020 10 NA Transfer by 10.00 November
Family way of gift 26, 2024
Trust from
Prahlad Rai
Total 29,999,760 10,806,800 20.01

 

d)

"Equity Shares were fully paid-up on the date of allotment/acquisition.
* Subject to finalisation of Basis of Allotment.

The Equity Shares that are being locked-in for computation of Promoters’ Contribution are not and will
not be in-eligible under Regulation 15 of the SEBI ICDR Regulations. In particular, these Equity Shares
do not and shall not consist of:

@ Equity Shares acquired during the three years preceding the date of this Prospectus (a) for
consideration other than cash and revaluation of assets or capitalisation of intangible assets, or
(b) as a result of bonus shares issued by utilization of revaluation reserves or unrealised profits
or from bonus issue against Equity Shares which are otherwise in-eligible for computation of
Promoters’ Contribution;

(ii) Equity Shares acquired during the one year preceding the date of this Prospectus, at a price
lower than the price at which the Equity Shares are being offered to the public in the Offer;

(iii) Our Company has not been formed by the conversion of one or more partnership firms or a
limited liability partnership firm; and

(iv) Equity Shares held by the Promoters that are subject to any pledge or any other form of
encumbrance.

Details of share capital locked-in for one year or any other period as may be prescribed under
applicable law

In terms of the SEBI ICDR Regulations, except for:
@ the Promoters’ Contribution which shall be locked in as above; and

(ii) the Equity Shares successfully transferred by the Selling Shareholders pursuant to the Offer for
Sale.

the entire pre-Offer Equity Share capital of our Company (including those Equity Shares held by our
Promoters in excess of Promoter’s Contribution), shall, unless otherwise permitted under the SEBI ICDR
Regulations, be locked in for a period of one year from the date of Allotment or any other period as may
be prescribed under applicable law. In terms of Regulation 17(c) of the SEBI ICDR Regulations, Equity
Shares held by a venture capital fund or alternative investment fund of category I or category II or a
foreign venture capital investor shall not be locked-in for a period of one year from the date of Allotment,
provided that such Equity Shares shall be locked-in for a period of at least one year from the date of
purchase by the venture capital fund or alternative investment fund or foreign venture capital investor.
Any unsubscribed portion of the Offered Shares being offered by the Selling Shareholders would also be
locked-in as required under the SEBI ICDR Regulations. As required under Regulation 20 of the SEBI
ICDR Regulations, our Company shall ensure that the details of the Equity Shares locked-in are recorded
by the relevant Depository.

In terms of Regulation 22 of the SEBI ICDR Regulations, Equity Shares held by our Promoters which
are locked-in, may be transferred to Promoters or members of the Promoter Group or to any new

85
