Synopsis:

Certain investors in Studds Accessories Ltd and Prostarm Info Systems Ltd are now eligible to sell their shares following the completion of the lock-in period.

A lock-in period is a fixed duration during which certain investors, such as promoters or anchor investors, are restricted from selling their shares after an IPO or allotment. It is designed to ensure market stability by preventing large-scale selling immediately after listing and to demonstrate the investors’ long-term commitment to the company. Once this period ends, the shares become eligible for trading in the open market.

The lock-in period for anchor investors of Prostarm Info Systems Ltd and Studds Accessories Ltd has ended, allowing them to freely trade their shares in the open market, and the combined v

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