Description
Lock-in details for equity shares of GNG Electronics Limited including anchor investor allocation with specific lock-in periods.
Summary
GNG Electronics Limited has provided lock-in details for its equity shares totaling 11,40,11,517 shares. The circular outlines specific lock-in periods for different categories of shares including anchor investor allocations and promoter holdings.
Key Points
- Total equity shares: 11,40,11,517
- Promoter shares locked-in for 2 years (until 28-Jan-2027): 2,28,02,310 shares
- Additional promoter shares locked-in for 1 year (until 28-Jan-2026): 7,17,81,570 shares
- Public IPO shares not under lock-in: 25,50,000 + 1,10,49,347 shares
- Anchor investor shares with varying lock-in periods (30-90 days)
- All shares are in demat form
Regulatory Changes
No regulatory changes introduced. This is a standard post-listing disclosure of lock-in details as per listing requirements.
Compliance Requirements
- Company must maintain accurate records of lock-in details
- Shares under lock-in cannot be traded until respective lock-in periods expire
- Company Secretary has certified the lock-in details
Important Dates
- 28-Jul-2025: Lock-in commencement date
- 26-Aug-2025: 30-day anchor investor lock-in expiry (29,14,142 shares)
- 25-Oct-2025: 90-day anchor investor lock-in expiry (29,14,148 shares)
- 28-Jan-2026: 1-year promoter lock-in expiry (7,17,81,570 shares)
- 28-Jan-2027: 2-year promoter lock-in expiry (2,28,02,310 shares)
Impact Assessment
Medium impact on trading liquidity as significant portion of shares are under lock-in restrictions. Public can trade 1,36,99,347 shares immediately. Gradual increase in tradeable shares as lock-in periods expire, with major liquidity events in August and October 2025.
Impact Justification
Standard listing circular with lock-in details for IPO shares, relevant for trading restrictions