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The Board of Directors of Rockingdeals Circular Economy Limited has decided to remove the lock-in period on shares held by proposed allottees, Mr. Pankaj Vasudeo Chhaparwal and Mr. Vishal Kantilal Oswal. This decision follows extensive discussions regarding compliance with SEBI regulations, as the company did not proceed with the preferential issue of equity shares and convertible warrants due to certain selling activities by the proposed allottees. The removal of the lock-in could enhance liquidity for these shareholders, potentially impacting the company's stock performance positively.
All announcements from Rockingdeals Circular Economy Limited