Supermai Hydropower Limited has announced that the lock-in period for 48,25,700 shares will end on Falgun 4, 2082 B.S. The shares under lock-in include those allocated to the founders, local residents affected by the project, and company employees.
Currently, 42,80,000 shares held by founders, 5,35,000 shares held by project-affected locals, and 10,700 shares held by employees remain under lock-in.
These shares were initially distributed to the public through an IPO on Falgun 5, 2079 B.S. As per regulatory requirements, the shares allocated to these groups must remain under lock-in for three years from the IPO allotment date.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
