Lock-In Period Expiring for Ghorahi Cement Promoters and Local Shareholders Next Month
Summary
Ghorahi Cement Industry Limited announced the end of a three-year lock-in period for certain shares on July 15, 2026, allowing trading of over 40 million shares owned by promoters, local residents, and employees, while shares of board directors and top managers remain restricted.
Key Points
- Ghorahi Cement's mandatory three-year lock-in period for certain shares ends on July 15, 2026.
- The shares were initially distributed on July 16, 2023, to promoters, local residents near the project, and employees.
- After expiry, 40,318,111 shares including bonuses will become tradable.
- Shares owned by Board Directors and top managers remain restricted according to regulations.
