Upakar Laghubitta Bittiya Sanstha Limited (ULBSL) has announced that the lock-in period for its promoter and employee shares will officially end on Baishakh 8, 2082. This announcement follows the latest guidelines set by the Securities Board of Nepal (SEBON).
The company currently has 1,061,482 shares listed on the Nepal Stock Exchange (NEPSE). Out of these, 420,000 shares belong to promoters, and 3,281 shares were allocated to employees. These shares have been under a mandatory lock-in period since the company’s IPO allotment three years ago. The company’s total paid-up capital stands at NPR 106.1 million.
However, shares held by the Board of Directors and higher management employees will remain restricted from trading even after the lock-in period ends. ULBSL’s stock closed at NPR 3,577.88 in the latest market session.
