The three-year lock-in period for over 90 lakh units of Himalayan Hydropower Limited shares has ended, allowing them to be traded on the secondary market starting Sunday.
The lock-in period of 90,21,115 units of shares of Himalayan Hydropower Limited has officially ended as of today. Out of the total, 87 lakh units belonged to the promoter group, 2,81,750 units were held by project-affected individuals, and 39,365 units were owned by employees. These shares had been under lock-in for the past three years.
The company had allotted its Initial Public Offering (IPO) to the general public on Asar 28, 2079. In compliance with the Nepal Securities Board’s directive, these shares were placed under a three-year lock-in period from the date of allotment.
With the expiry of this period, all these shares will now be eligible for regular trading on the stock market from Sunday onward.
This article was originally published on https://bajarkochirfar.com Translated with the help of AI and reviewed by our editorial team.
