Menchhiyam Hydropower Limited Announces Conclusion of Lock-in Period for Promoters, Project-Affected Area Locals and Employee Shares on Baisakh 12
Summary
Menchhiyam Hydropower Limited announced that the lock-in period for shares held by promoters, local residents, and employees will expire on Baisakh 12, 2083, allowing these shares to be traded on the Nepal Stock Exchange.
Key Points
- Menchhiyam Hydropower Limited announced the expiration of the lock-in period for shares held by promoters, local residents, and employees on Baisakh 12, 2083.
- The company has 5,425,833 shares listed on the Nepal Stock Exchange.
- Promoters hold 3,798,083 shares, project-affected area residents hold 505,780 shares, and employees hold 3,240 shares.
- Shares held by the Board of Directors and senior management employees remain non-tradable after the lock-in period.