The ‘lock-in’ period of 28.6 million shares of Sanima Middle Tamor Hydropower is ending.

Bajarko Chirfar
Bajarko Chirfar
2082 Magh 29
The ‘lock-in’ period of 28.6 million shares of Sanima Middle Tamor Hydropower is ending.

The lock-in period for a total of 2,86,00,000 shares of Sanima Middle Tamor Hydropower Limited will conclude on Chaitra 7, 2082. This includes 23,32,750 founder shares, 3,33,250 shares allocated to project-affected locals, and 16,66,250 shares held by employees, totaling 2,83,26,250 shares under lock-in.

The company had stipulated that founders, employees, and local project-affected shareholders could not sell their shares for three years following the public issuance. After the lock-in period ends, founders and employees will be allowed to sell their shares, while directors and senior management will remain restricted from selling their holdings.

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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