Upper Syange Hydropower Announces Conclusion of Lock-in Period for Promoters, Project-Affected Area Locals and Employee Shares on Ashadh 21

Summary

Upper Syange Hydropower Limited announces the end of the lock-in period for promoters, project-affected locals, and employees' shares on 21st Ashadh, 2083, with shares listed on Nepal Stock Exchange.

Key Points
  • Upper Syange Hydropower Limited (USHL) announced the conclusion of the lock-in period for shares of promoters, project-affected locals, and employees on 21st Ashadh, 2083.
  • USHL has 2,200,000 units of shares listed on the Nepal Stock Exchange (NEPSE).
  • Promoters hold 1,330,000 units, project-affected locals hold 220,000 units, and employees hold 13,000 units all subjected to the lock-in period since IPO.
  • Shares held by the Board of Directors and higher management employees will not be tradable even after the lock-in period ends.
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