880,800 Equity Shares of Nanavati Ventures Limited are subject to a Lock-Up Agreement Ending on 6-MAY-2023. These Equity Shares will be under lockup for 365 days starting from 6-MAY-2022 to 6-MAY-2023.

Details:
An aggregate of 20% of the post-issue shareholding of the company held by the promoters, namely Kashmira Hemantkumar Nanavati, Shreykumar Hasmukhbhai Sheth and Vaishnavi Hemantkumar Nanavati, will be locked-in for a period of three years from the date of allotment in the issue.

Other than the Equity Shares held by Promoters, which will be locked-in as minimum Promoters' contribution for three years, all pre-Issue Equity Shares shall be subject to lock-in for a period of one year from the date of Allotment in the Issue.