The lock-in period for shares held by founders, employees, and project-affected locals of Menchiyam Hydropower Limited will expire after Vaishakh 12, 2083 B.S.
Menchiyam Hydropower Limited currently has 37,98,083 shares held by founders, 5,05,780 shares by project-affected locals, and 22,439 shares by employees. Of the total 5,42,583 shares issued for project-affected locals, only 5,05,780 shares were distributed, with the remaining shares issued to the general public.
Once the lock-in period ends, these shareholders will be allowed to trade their shares freely in the market. The company had previously distributed its IPO to general public investors on Chaitra 13, 2080 B.S., and these shares were subject to a three-year lock-in period.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
