Major shareholders of Hathaway Investment Nepal and Barahi Hydropower are preparing to sell their shares in the secondary market.
Two companies have informed that their basic shareholders are going to sell their shares. Hathaway Investment Nepal Limited and Barahi Hydropower Public Limited basic shareholders are planning to sell the shares they own.
The Rules for Selling Shares
As per the rules of Nepal Securities Board, basic shareholders who own 5 percent or more shares must give information at least 15 days before they sell. Following this rule, both of the companies have informed Nepal Stock Exchange (NEPSE) about the applications they got from their basic shareholders.
Hathaway Investment Share Sale
Ambika Sharma Lamichhane, who is a basic shareholder of Hathaway Investment, has submitted application to company for sell 2 lakh kitta shares. This shareholder wants to sell these shares within next 3 months. Hathaway Investment received this application on Ashoj 2.
Barahi Hydropower Share Sale
In the similar way, Laxmi Narayan Parajuli, a basic shareholder of Barahi Hydropower, has also given application to sell 24,780 kitta shares. He is planning to sell these shares within next 3 months. The company got this application on Ashoj 5.
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.
