Upper Hewakhola Hydropower Promoter Shareholder Announces Plan to Sell 80,000 Shares

Summary

Upper Hewakhola Hydropower Company Limited has disclosed that promoter shareholder Bhim Lal Paudyal plans to sell 80,000 shares within the next three months. The notice was issued under Securities Act requirements and SEBON directives for promoter share sales.

Key Points
  • Upper Hewakhola Hydropower Company Limited said promoter shareholder Bhim Lal Paudyal intends to sell 80,000 shares in the company within three months.
  • The disclosure was made under Section 84(1) of the Securities Act, 2063 and a SEBON directive.
  • Promoter shareholders selling 5% or more of their holdings must notify the listed company at least 15 days before the proposed sale.
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