MakeMyTrip Lock-Up Agreement Ends Oct 15

MakeMyTrip Limited Ordinary Shares Subject to Lock-Up Agreement Expiration

Certain ordinary shares of MakeMyTrip Limited are approaching the expiration of a lock-up agreement. This agreement pertains to a specific number of shares and has a defined end date.

The lock-up agreement is set to conclude on October 15, 2020. This date marks the point at which restrictions on the sale or transfer of these particular ordinary shares will be lifted. The agreement impacts shares previously held by certain individuals or entities and prevents their disposal until this specified date.

The expiration of this lock-up agreement means that shareholders who were bound by its terms will gain the ability to sell or transfer their MakeMyTrip Limited ordinary shares freely. This could potentially influence the trading dynamics of the company’s stock.

Key Points

• Lock-up agreement expiration date: October 15, 2020

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