When can anchor investors sell shares?

The anchor investor can sell their shares only once the lock-in dates for their holdings expire. The anchor investor holdings are locked in as per below :

• 30 days – 50%.
• 90 days – Remaining 50%.

Once the lock-in period ends, the anchor investors are free to sell or hold their holdings as they desire. It is important to note that not all shares are available for selling after 30 days. The anchor investors can sell only 50 % of their holdings after 30 days and pending 50% can be sold after the end of 90 days lock-in.