The three-year lock-in period of 9,021,115 shares of Himalayan Hydropower Limited will expire on Asar 27, making them eligible for trading starting Sunday.
The lock-in period for 9,021,115 shares of Himalayan Hydropower Limited is set to end on Asar 27. These shares include 8.7 million held by the promoter group, 281,750 shares held by residents of the project-affected areas, and 39,365 shares reserved for employees.
These shares have been under lock-in for the past three years, following the company’s IPO allotment to the general public on Asar 28, 2079. At that time, the Nepal Securities Board had directed that the specified shares remain inactive for trading for three years.
With the expiration of the lock-in period, all of these shares will be eligible for trading starting Sunday.
This article was originally published on https://bajarkochirfar.com
Translated with the help of AI and reviewed by our editorial team.
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