The three-year lock-in period of Sayapatri Hydropower Limited’s 22,93,361 shares, including those held by founders, project-affected locals, and employees, will end on Shrawan 23, allowing trading in the secondary market.
The lock-in period of Sayapatri Hydropower Limited’s shares is set to expire in the upcoming month of Shrawan. A total of 22,93,361 shares will become eligible for trading after the lock-in period ends on Shrawan 23.
The expiring locked-in shares include 21 lakh founder shares, 1,78,940 shares allotted to individuals from project-affected areas, and 14,421 shares allocated to company employees.
Out of the company’s issued capital of NPR 30 crore, 10%—equivalent to 3 lakh ordinary shares—was reserved for residents of project-affected areas. Among these, 1,78,940 shares have already been distributed. Additionally, 2% of the issued capital—amounting to 14,421 shares—was allocated and distributed to employees.
The public issuance of these shares took place on Shrawan 24, 2079. With the completion of the three-year lock-in period, these shares can now be traded in the secondary market.
This article was originally published on https://bajarkochirfar.com Translated with the help of AI and reviewed by our editorial team.
