Kalinchowk Darshan Major Investor Prepares to Sell Over 600k Shares
Summary
Kalinchowk Darshan Limited’s major promoter shareholder Guru Prasad Adhikari plans to sell 601,230 shares in the secondary market over the next three months. The notice was issued under Securities Board of Nepal rules requiring advance disclosure for large share sales.
Key Points
- Guru Prasad Adhikari, a major promoter shareholder of Kalinchowk Darshan Limited, plans to sell 601,230 units of his shares.
- The company issued the notice in compliance with Securities Board of Nepal (SEBON) directives under Section 84(1) of the Securities Act, 2063.
- Major shareholders must give at least 15 days’ advance notice before selling 5 percent or more of their holdings.
- The share sale will take place through the secondary stock market within the next three months.
