Certain Shares of Power Mech Projects Limited are subject to a Lock-Up Agreement Ending on 22-DEC-2023. These Shares will be under lockup for 60 days starting from 23-OCT-2023 to 22-DEC-2023.

Details:
Company agrees that it shall not, without the prior written consent of the Lead Manager, from the date hereof and for a period of up to 60 days from the Closing Date, directly or indirectly: (a) issue, offer, lend, sell, pledge, contract to sell or issue, sell any option or contract to purchase, purchase any option or contract to sell or issue, grant any option, right or warrant to purchase, lend or otherwise transfer or dispose of, directly or indirectly, any Equity Shares, or any securities convertible into or exercisable or exchangeable for the Equity Shares.

Company agrees that the Promoters will not, for a period of up to 60 days from the Closing Date, without the prior written consent of the Lead Manager, directly or indirectly: (a) sell, lend, pledge, contract to sell, purchase any option or contract to sell, grant any option, right or warrant to purchase, lend or otherwise transfer or dispose of, directly or indirectly, any Equity Shares, or any securities convertible into or exercisable or exchangeable for Equity Shares.