Super Khudi Hydropower Limited has announced that the lock-in period for 77,500 units of ordinary shares allocated to mutual funds will end on Bhadra 16.
Lock-In Period Expiring Soon
According to company, the lock-in period for 5 percent shares allocated for mutual funds under the public issue (IPO) is going to end on the same day. This total shares amount to 77,500 units of ordinary shares.
As per the current rules in Nepal, shares allocated to mutual funds must kept in lock-in for six months. This period starts from the date when the company allotted the IPO shares to public.
AI Disclaimer: This article was originally published on https://bajarkochirfar.com. It has been translated with the help of AI. For the best understanding and accurate facts, we recommend reading the original Nepali version.
