The lock-in period for a total of 96,89,500 shares of Swet-Ganga Hydropower and Construction Limited will end on Shrawan 17.
After the lock-in expires, 73 lakh shares held by the promoter group, 7,96,500 shares allotted to employees, and 15,93,000 shares allocated to project-affected local residents will become tradable on the secondary market.
However, shares held by the company’s board members and senior management staff will remain under restriction and cannot be traded immediately.
Previously, the lock-in period for 38,51,000 shares held by foreign investor “Dolma Impact Fund–I” from the founder group had already ended on Falgun 2, 2080, as stated by the company.
Following the company’s IPO issuance and allotment to the general public, a three-year lock-in period was imposed on shares held by promoters, employees, and local affected residents — a restriction that will now be lifted.
This article was originally published on bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
