Lock-in Period of 2,85,000 Units of Sanigad Hydro Limited Shares Held by Mutual Funds to Expire
Summary
Sanigad Hydro Limited has announced that the lock-in period for 2,85,000 ordinary shares allocated to mutual funds will expire on 29th Mangsir, 2083. The shares will then be free to trade, according to the company notice.
Key Points
- Sanigad Hydro Limited says the lock-in period for 2,85,000 ordinary shares allotted to mutual funds will end on 29th Mangsir, 2083.
- The company has an issued capital of Rs. 2.85 arba and had reserved 5% of its 57,00,000 units for mutual funds.
- After the mandatory six-month lock-in period ends, the shares will become tradable.
- The notice is meant to inform investors and other concerned stakeholders.
