Lock-in Period of 2,14,500 Units of Sopan Pharmaceuticals Limited Shares Held by Mutual Funds to Expire on Kartik 16
Summary
Sopan Pharmaceuticals Limited says the lock-in period for 2,14,500 ordinary shares allocated to mutual funds will end on 16 Kartik, 2083. The shares, which make up 5% of the company’s issued capital, will then be free to trade.
Key Points
- Sopan Pharmaceuticals Limited has announced that the lock-in period for 2,14,500 ordinary shares allotted to mutual funds will expire on 16 Kartik, 2083.
- The locked-in shares represent 5% of the company’s 42,90,000 total units and were subject to a mandatory six-month lock-in.
- Once the lock-in period ends, the shares will become tradable from the specified date.
- The notice is meant to inform investors and other concerned stakeholders.
