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    Home»Commodities»Certain Equity Shares of Aelea Commodities Limited are subject to a Lock-Up Agreement Ending on 25-AUG-2024.
    Commodities

    Certain Equity Shares of Aelea Commodities Limited are subject to a Lock-Up Agreement Ending on 25-AUG-2024.

    August 24, 20242 Mins Read


    Certain Equity Shares of Aelea Commodities Limited are subject to a Lock-Up Agreement Ending on 25-AUG-2024. These Equity Shares will be under lockup for 38 days starting from 18-JUL-2024 to 25-AUG-2024.

    Details:

    Pursuant to Regulation 236 and 238 of SEBI (ICDR) Regulations, 2018, an aggregate of 20% of the post issue capital held by the Promoter, shall be considered as Promoter?s Contribution (?Promoter?s Contribution?) and shall be locked-in for a period of three years from the date of allotment of Equity shares issued pursuant to this Issue.

    In terms of Regulation 238(b) and 239 of the SEBI (ICDR) Regulations, 2018, in addition to the Minimum Promoter?s contribution which is locked in for three years, as specified, the entire pre-issue equity share capital constituting Equity Shares shall be locked in for a period of one year from the date of allotment of Equity Shares in this Issue.

    Fifty percent of the Equity Shares allotted to Anchor Investors under the Anchor Investor Portion shall be locked-in for a period of 90 days from the date of Allotment and the remaining Equity Shares allotted to Anchor Investors under the Anchor Investor Portion shall be locked-in for a period of 30 days from the date of Allotment.





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