1,324,200 Equity Shares of Interiors & More Limited are subject to a Lock-Up Agreement Ending on 21-MAY-2024.
May 20, 2024
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1,324,200 Equity Shares of Interiors & More Limited are subject to a Lock-Up Agreement Ending on 21-MAY-2024. These Equity Shares will be under lockup for 90 days starting from 21-FEB-2024 to 21-MAY-2024.
Details:
The Promoters, Manish Mohan Tibrewal, Rahul Jhunjhunwala, Ekta Tibrewal, Puja Jhunjhunwala and Reena Jhunjhunwala have agreed not to dispose off an aggregate of at least 20% of the post issue equity share capital of the company for a period of 3 years from the date of Allotment.
The entire remaining pre-issue share capital will be locked-up for 1 year from the date of Allotment in this Issue.
Equity Shares Allotted in the Anchor Investor Portion will be locked in for a period of 30 days from the date of Allotment.
Interiors & More Ltd is an India-based company, which is engaged in the business of manufacturing of artificial flower and interior decor items in India. The Company primarily caters to the Indian market with overseas exports. It is involved in the business of manufacturing, marketing, exporting, importing, processing, packing/repacking, arranging or otherwise dealing in any other manner in flowers, dried flowers, potpourri, handicrafts, dry arrangements, artificial flowers, sea shells, stones, spices, paper, fabric, glass, polyvinyl chloride (PVC) and plastic goods, wood/steel brass metal goods, aroma products, fragrances, Air Fresheners, herbal products, wax products, all types of home & interior decorative items and related materials thereof. Its products include Delfenium Stick, Bouganvilla Stick, Hanging orchid Small, Eucalyptus Bunch, Sperigra Bunch, Mint Leaves Bunch, Mint Leaves Creeper, Acrylic bird small, Acrylic bird med, Crystal chain, and Acrylic bird jumbo.