910,400 Equity Shares of Creative Graphics Solutions India Limited are subject to a Lock-Up Agreement Ending on 5-MAY-2024. These Equity Shares will be under lockup for 30 days starting from 5-APR-2024 to 5-MAY-2024.

Details:
An aggregate of 20.00% of the post- Issue Capital shall be considered as Promoter ?s Contribution. Promoters have granted consent to include such number of Equity Shares held by them as may constitute 20.00% of the post-issue Equity Share Capital of our Company as Promoters Contribution and have agreed not to sell or transfer or pledge or otherwise dispose of in any manner, the Promoters Contribution from the date of filing of this Draft Red Herring Prospectus until the completion of the lock-in period specified. In terms of clause (a) of Regulation 238 of the SEBI (ICDR) Regulations, 2018, Minimum Promoters? Contribution as mentioned above shall be locked-in for a period of three years from the date of commencement of commercial 72 production or date of allotment in the Initial Public Offer, whichever is later.

Fifty percent of the Equity Shares Allotted in the Anchor Investor Portion will be locked in for a period of 90 and other fifty will be locked in for 30 days from the date of Allotment.