Reliance Spinning Mills Limited Announces Conclusion of Lock-in Period for Institutional Investors Shares on Bhadra 1
Summary
Reliance Spinning Mills Limited announces the end of the six-month lock-in period for shares allotted to institutional investors, making these shares tradable from Bhadra 1, 2083.
Key Points
- Reliance Spinning Mills Limited (RSML) announced the expiration of the six-month lock-in period for shares allotted to eligible institutional investors.
- The lock-in period applies to 770,640 shares out of 1,926,600 ordinary shares allotted to institutional investors.
- RSML has 19,000,000 units of shares listed on the Nepal Stock Exchange (NEPSE).
- Shares under lock-in will be free to trade starting from Bhadra 1, 2083.