Asian Hydropower Limited Announces Conclusion of Lock-in Period for Promoters, Project-Affected Area Locals and Employee Shares on Falgun 13

Summary

Asian Hydropower Limited announced the expiration of the lock-in period for shares held by promoters, project-affected locals, and employees on 13th Falgun 2082, allowing these shares to be traded thereafter.

Key Points
  • Asian Hydropower Limited expired the lock-in period for promoters, project-affected locals, and employee shares on 13th Falgun 2082.
  • The lock-in period applied since the IPO allotment three years ago.
  • AHL has 3,400,000 share units listed on the Nepal Stock Exchange.
  • Shares held by Board of Directors and higher management employees remain non-tradable after the lock-in period.
Article image