Vision Lumbini Urja Company Limited Announces Conclusion of Lock-in Period for Promoters Local Residents of the Project Affected Area And Employees Shares
Summary
Vision Lumbini Urja Company Limited has announced that the lock-in period on promoter, local resident, and employee shares will end on 4 Mangsir, 2083. The company said the shares were locked since its IPO allotment three years ago and noted the Board of Directors and higher management shares will remain non-tradable.
Key Points
- Vision Lumbini Urja Company Limited has issued a notice announcing the end of the lock-in period for promoter, project-area resident, and employee shares.
- The lock-in period for these shares will expire on 4 Mangsir, 2083, three years after the IPO allotment.
- The company has 19,125,000 listed shares on NEPSE, including 15,300,000 promoter shares, 1,424,790 project-area resident shares, and 38,250 employee shares.
- Shares held by the Board of Directors and higher management will remain non-tradable after the lock-in period.
