Mai Khola Hydropower Limited Announces Conclusion of Lock-in Period for Promoters, Project-Affected Area Locals and Employee Shares on Baisakh 18
Summary
Mai Khola Hydropower Limited announced the end of the lock-in period for promoters, local project-affected residents, and employees on Baisakh 18, 2083, releasing over 2.4 million shares for trading.
Key Points
- Mai Khola Hydropower Limited issued a notice about the expiration of the lock-in period on Baisakh 18, 2083.
- The lock-in period affects promoters, local residents of the project-affected area, and employees' shares.
- MKHL has 3,921,568 shares listed on NEPSE with specified amounts held by promoters, residents, and employees.
- Shares held by the Board of Directors and higher management employees will remain non-tradable after the lock-in period.