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Anchor lock-in expiry to unlock ₹2,503 crore worth shares in April-May 2025

Business Standard LogoBusiness Standard1d ago

Anchor lock-in expiry to unlock ₹2,503 crore worth shares in April-May 2025 - Business Standard

Quick Summary:

According to a report released by Axis Securities, shares of four other companies, including Quality Power Electrical Equipments, Hexaware Technologies, Ajax Engineering, and Dr Agarwal's Health Care, with an estimated value of ₹2,156 crore, are set to exit their lock-in period this May 2025.

Hexaware Technologies, which began trading on the exchanges on February 19, 2025, will have the lock-in for 1,83,47,480 equity shares held by anchor investors expire, valued at approximately ₹1,299 crore, on May 17, 2025.

Laxmi Dental, which began trading on the exchanges on January 20, 2025, will see the lock-in expiry for 36,69,709 equity shares of anchor investors, valued at around ₹157 crore, on April 15, 2025.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-02 @ 12:28:37 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 519 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 27532964

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 296 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #49

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