Kalinchowk Darshan Major Investor Prepares to Sell Over 600k Shares

A major promoter shareholder of Kalinchowk Darshan Limited, Guru Prasad Adhikari, plans to sell 601,230 units of his shares.

The company issued this notice in compliance with the Securities Board of Nepal (SEBON) directives under Section 84(1) of the Securities Act, 2063. Regulations require major shareholders to give at least 15 day's advance notice before selling 5 percent or more of their held shares.

Following an application submitted by Adhikari, the company confirmed that the sale of these shares will take place through the secondary stock market within the next three months. The company forwarded this notice to inform the market regulator.