LAKHOTIA POLYESTERS (INDIA) LIMITED - BSE

(vii)equity Shares for which specific written consent has not been obtained from the shareholders for inclusionof their subscription in the minimum promoters’ contribution subject to lock-in.c. Details of share capital locked-in for one (1) year• Pursuant to Regulation 37 of the SEBI Regulations, in addition to the lock-in of the Promoters’ contribution,the entire pre-Issue equity share capital of our Company (including those Equity Shares held by our Promoters),shall be locked in for a period of one (1) year from the date of Allotment.• Pursuant to Regulation 39 of the SEBI Regulations, the Equity Shares held by our Promoters can be pledgedonly with banks or financial institutions as collateral security for loans granted by such banks or financialinstitutions for the purpose of financing one or more of the objects of the issue and the pledge of shares is oneof the terms of sanction of such loan. However, as on date of this Draft Prospectus, none of the Equity Sharesheld by our Promoter have been pledged to any person, including banks and financial institutions.• Pursuant to Regulation 40 of the SEBI Regulations, Equity Shares held by the Promoters, which are locked inas per Regulation 36 of the SEBI Regulations, may be transferred to and amongst the Promoters/ PromoterGroup or to a new promoter or persons in control of the Company subject to continuation of the lock-in in thehands of the transferees for the remaining period and compliance with Securities and Exchange Board of India(Substantial Acquisition of Shares and Takeover) Regulations, 2011 as applicable.• Pursuant to Regulation 40 of the SEBI Regulations, Equity Shares held by shareholders other than thePromoters, which are locked-in as per Regulation 37 of the SEBI Regulations, may be transferred to any otherperson holding shares, subject to continuation of the lock-in in the hands of the transferees for the remainingperiod and compliance with Securities and Exchange Board of India (Substantial Acquisition of Shares andTakeover) Regulations, 2011 as applicable.d. Details of aggregate shareholding of Promoter GroupName of Promoter Group Entity / IndividualNumber of EquityShares% of pre issueequityshare capitalMadhusudan Lakhotia (HUF) 72,500 3.17• Except as otherwise stated in this section, none of the members of our Promoter Group hold or have held anyEquity Shares.• Further except as otherwise stated in this section none of our Promoters and our Group Entities, the Directors ofour Group Entities, the Directors of our Company and their immediate relatives have not purchased, neitherhave they sold any Equity Shares, during a period of six months preceding the date of filing this DraftProspectus.4. In terms of Regulation 40 of the SEBI Regulations, locked in Equity Shares held by the Promoters may betransferred to and amongst the Promoters/ Promoter group or to a new promoter or persons in control of ourCompany subject to continuation of the lock-in in the hands of the transferees for the remaining period andcompliance with Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeover)Regulations, 2011 as applicable.5. Except as stated below, none of our Directors or key managerial personnel hold Equity Shares in theCompany:Sr.NoName of the DirectorsNumber of EquityShares% of pre issueequity share capital% of post issueequity share capital1. Mr. Madhusudan Lakhotia 5,03,350 21.99 13.462. Mrs. Jayshree Lakhotia 55,380 2.42 1.48Total 5,58,730 24.41 14.946. Except as mentioned in the chapter titled “History and Certain Corporate Matters” beginning on page 87 ofthe Draft Prospectus, our Company, our Directors, our Promoters and the Lead Manager to this Issue have not44