Sanjen Jalavidhyut Company Limited Announces Conclusion of Lock-in Period for Project-Affected Area Locals on Kartik 28

Summary

Sanjen Jalavidhyut Company Limited announced the end of the lock-in period for shares held by project-affected area locals on 28th Kartik, 2082, allowing them to trade these shares listed on NEPSE.

Key Points
  • Sanjen Jalavidhyut Company Limited announced the expiration of the lock-in period for shares held by project-affected area locals on 28th Kartik, 2082.
  • The lock-in period applied to 3,650,000 units of shares allotted to project-affected area residents three years ago during the IPO.
  • Sanjen Jalavidhyut Company Limited has 36,500,000 units of shares listed on the Nepal Stock Exchange.
  • Shares held by the Board of Directors and higher management employees will remain non-tradable after the lock-in period.
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