851,200 Equity Shares of Yash Optics & Lens Limited are subject to a Lock-Up Agreement Ending on 4-MAY-2024. These Equity Shares will be under lockup for 31 days starting from 3-APR-2024 to 4-MAY-2024.

Details:
Pursuant to the Regulation 236 and 238 of SEBI ICDR Regulations, an aggregate of at least 20% of the post Issue Equity Share capital of Company held by Promoter shall be locked-in for a period of three years from the date of Allotment in this Issue. As on date of this Draft Red Herring Prospectus, Promoters holds 15,940,771 Equity Shares, Subscribed and Paid-up Equity Share Capital of Company, which are eligible for Promoter?s Contribution.

Pursuant to Regulation 238(b) and 239 of the SEBI ICDR Regulations, 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 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.