Lock-In Period of five Companies Shares Set to Expire in Ashwin and Kartik

The lock-in period of shares belonging to five companies listed on Nepal Stock Exchange (NEPSE) is set to expire during the months of Ashwin and Kartik. Once the lock-in period ends, these shares will become eligible for trading in the secondary market.

The five companies include Upper Mailung Khola Hydropower Limited, Kalinchowk Hydropower Limited, Apollo Hydropower Limited, Sopan Pharmaceuticals Limited, and Chirkhwa Hydropower Limited.

A total of 84,90,800 promoter and local shares of Mathillo Mailun Khola Hydropower Limited will be released from the lock-in period on Kartik 2.

Similarly, the lock-in period of 41,250 mutual fund shares of Kalinchowk Hydropower Limited will expire on Kartik 6, while 47,000 mutual fund shares of Appolo Hydropower Limited will become eligible for trading from Kartik 10.

Likewise, 30,20,700 promoter and local shares of Chirkhwa Hydropower Limited will be released from the lock-in period on Kartik 14. Meanwhile, the lock-in period of 2,10,965 mutual fund shares of Sopan Pharmaceuticals Limited will expire on Kartik 16.

The lock-in period is a fixed period during which certain shareholders, including promoters, local investors, and mutual funds, are restricted from selling their shares in the secondary market. Once this period expires, shareholders can sell their shares through the stock exchange, subject to applicable rules.