Lock-In Period of five Companies Shares Set to Expire in Ashwin and Kartik
Summary
The lock-in period for shares of five NEPSE-listed companies will expire in Ashwin and Kartik, making the shares eligible for trading in the secondary market. The companies include several hydropower firms and Sopan Pharmaceuticals, with promoter, local, and mutual fund shares set to be released on different dates.
Key Points
- The lock-in period of shares belonging to five companies listed on NEPSE will expire during Ashwin and Kartik.
- The companies are Upper Mailung Khola Hydropower Limited, Kalinchowk Hydropower Limited, Apollo Hydropower Limited, Sopan Pharmaceuticals Limited, and Chirkhwa Hydropower Limited.
- A total of 84,90,800 promoter and local shares of Mathillo Mailun Khola Hydropower Limited will be released on Kartik 2, and other share blocks will expire on later dates.
- Once the lock-in period ends, the shares can be sold in the secondary market under applicable rules.