(d)

(e)

Prospectus.

The details of the Equity Shares held by our Promoters, locked-in as minimum Promoters’ contribution
are given below”:

 

 

 

 

 

 

 

 

Date of Face Issue/ Percent | Percenta
allotment/trans Value | Acquisiti | age (%) | ge (%) to
ae cs ee fer of Equity Nature of per onPrice | toPre- |  Post-
ee |e Shares and | Transaction | Equity per Offer | Offer
when made Share | Equity | Paid-up | Paid-up
fully paid-up (| Share (%) | Capital | Capital
Mr. 100 February 12, Bonus shares 10 NIL 0.00 0.00
Ravi B. 2015
Goyal
VEPL 24,280,51 April 12, 2018 Transfer from 10 86.18 20.17 20.17
6 TPG
Total 24,280,61 20.17 20.17
6

 

 

 

 

 

 

For a period of 18 months from the date of Allotment or such other time period as may be prescribed under the SEBI ICDR
Regulations

Our Promoters have given their consent to include such number of Equity Shares held by them as may
constitute 20% of the post-Offer Equity Share capital of our Company as Promoter’s contribution and
have agreed not to sell, transfer, charge, pledge or otherwise encumber in any manner, the Promoter’s
contribution from the date of filing of the Draft Red Herring Prospectus, until the expiry of the lock-in
specified above, or for such other time as required under SEBI ICDR Regulations, except as may be
permitted, in accordance with the SEBI ICDR Regulations.

Details of share capital locked-in for six months:

In addition to the Equity Shares proposed to be locked-in as part of the minimum Promoters’
contribution as stated above, as prescribed under the SEBI ICDR Regulations, the entire pre-Offer
Equity Share capital of our Company will be locked-in for a period of six months from the date of
Allotment of Equity Shares in the Offer (or such other time period as may be prescribed under the
SEBI ICDR Regulations) except the following: (i) the Equity Shares that are held by any VCFs, AIF
(category I or category II) or FVCI subject to the conditions set out in Regulation 17 of the SEBI
ICDR Regulations, provided that such Equity Shares will be locked-in for a period of at least six
months from the date of purchase by the VCFs, AIF (category I or category II) or FVCI; (ii) any
Equity Shares allotted to eligible employees of our Company (whether currently employees or not)
under the ESOP Schemes prior to the Offer; and (iii) the Equity Shares transferred pursuant to the
Offer. Further, Equity Shares held by the AGSTTL Employees’ Welfare Trust will be permitted to be
transferred to our employees upon exercise of vested options and such transferred Equity Shares will
not be subject to any lock-in in the hands of our employees, subject to the SEBI SBEB Regulations.
The Equity Shares received by employees from AGSTTL Employees’ Welfare Trust pursuant to
exercise of options shall be exempt from lock-in under Regulation 17 of the SEBI ICDR Regulations,
subject to the SEBI SBEB Regulations.

Other requirements in respect of lock-in:

Pursuant to Regulation 20 of the SEBI ICDR Regulations, details of locked-in Equity Shares will be
recorded by the relevant depositories.

Pursuant to Regulation 21 of the SEBI ICDR Regulations, the locked-in Equity Shares held by our
Promoters may be pledged only with scheduled commercial banks or public financial institutions or a
systemically important NBFC or a housing finance company as collateral security for loans granted by
such scheduled commercial bank or public financial institution or systemically important NBFC or
housing company, provided that specified conditions under the SEBI ICDR Regulations are complied
with.

Pursuant to Regulation 22 of the SEBI ICDR Regulations, the Equity Shares held by our Promoters,

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