Lock-in Period of 2,81,250 Units of Palpa Cements Industries Limited Shares Held by Mutual Funds to Expire on 28th Bhadra
Summary
Palpa Cements Industries Limited says the lock-in period for 2,81,250 ordinary shares allocated to mutual funds will end on 28th Bhadra, 2083. The shares will then be eligible for trading, and the notice has been issued for investors and other stakeholders.
Key Points
- Palpa Cements Industries Limited has announced that the lock-in period for 2,81,250 ordinary shares allocated to mutual funds will expire on 28th Bhadra, 2083.
- The shares represent 5% of the company’s total 56,25,000 units and were subject to a mandatory six-month lock-in period.
- Once the lock-in period ends, the shares will be free to trade from the specified date.