Chirkhwa Hydro Power Announces Conclusion of Lock-in Period for Promoters Local Residents of the Project Affected Area And Employees Shares on Kartik 14
Summary
Chirkhwa Hydro Power Limited has announced that the lock-in period for promoters, project-affected area residents and employees' shares will end on 14 Kartik, 2083. The company said the notice follows Securities Board of Nepal guidelines and covers shares listed on NEPSE.
Key Points
- Chirkhwa Hydro Power Limited has published a notice saying the lock-in period for certain shares will expire on 14th Kartik, 2083.
- The shares include holdings of promoters, residents of the project-affected area, and employees, all locked since the IPO allotment three years ago.
- The company has 4,000,000 shares listed on NEPSE, and CKHL closed at Rs. 555.00.
- Shares held by the Board of Directors and employees in higher management will not be tradable after the lock-in period.
