Molung Hydropower Limited will see the end of the lock-in period for 53,51,070 shares on Falgun 18, 2082 B.S. These shares include 44,94,000 held by the founders, 8,02,500 held in the names of project-affected locals, and 54,570 held by company employees. The lock-in period was imposed as per the company’s Initial Public Offering (IPO) rules, which restricted founders and employees from selling their shares for three years after the IPO.
After the lock-in period expires, founders and employees will be able to sell their shares freely in the market. However, directors and senior management of the company will remain restricted from selling their shares, in accordance with company regulations. This arrangement ensures market stability while allowing early stakeholders to realize liquidity from their holdings once the lock-in period concludes.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
