According to the company, the breakdown of locked shares is as follows: 20 lakh shares for founders, 30,588 shares for employees, and 3,92,157 shares allocated to local residents. These shares were locked for a period of three years following their distribution through the IPO to general investors on Baisakh 19, 2080.
Once the lock-in period expires, these shares will become eligible for trading on the secondary market.
For founder shareholders who are also board members or senior-level employees of the company, a special provision applies: even after leaving their position, they are prohibited from buying or selling shares for one year.
Prabhu Capital Limited serves as the share registrar for the company.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
