Mumbai, Nov. 18 -- With the restriction ending, about 1.16 crore shares, or nearly 17% of the company's equity, have become eligible for trading. The expiry does not mean these shares will be sold immediately, but they can now enter the market depending on investor decisions.
A lock-in period restricts select shareholders-such as promoters, pre-IPO investors, and anchor investors-from selling their holdings for a fixed duration to maintain post-listing stability. Once the period lapses, the shares are free to trade, which can create short-term volatility if supply increases.
Kaynes Technology is an end-to-end, IoT-enabled integrated electronics manufacturer offering services across the Electronics System and Design Manufacturing (ESDM) ...
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