Barahi Hydropower Promoter Announces Intention to Sell 24,780 Shares

Summary

Barahi Hydropower Public Limited has disclosed that promoter shareholder Laxmi Narayan Parajuli intends to sell 24,780 shares within the next three months. The notice was filed to comply with a Securities Board of Nepal directive requiring advance disclosure for large share sales.

Key Points
  • Barahi Hydropower Public Limited said promoter shareholder Laxmi Narayan Parajuli intends to sell 24,780 shares.
  • The disclosure was made under a Securities Board of Nepal (SEBON) directive requiring advance notice before selling 5% or more of a holding.
  • The company said the notice reflects only an intention to sell and does not confirm that any shares have already been sold.
Article image