Aviyan Laghubitta Announces Conclusion of Lock-in Period for Promoters And Employees Shares on Shrawan 29

Aviyan Laghubitta Bittiya Sanstha Limited (AVYAN) published a notice regarding the expiration of the lock-in period of its promoters' and employees' shares, which will expire on 29th Shrawan, 2082.

According to the recent guidelines issued by the Securities Board of Nepal (SEBON), Aviyan Laghubitta Bittiya Sanstha Limited (AVYAN) has officially notified its investors and stakeholders of the conclusion of the lock-in period for the shares held by its promoters and employee shares. In the next month of the 29th Shrawan, 2082, the lock-in period will end.

AVYAN now has 2,500,000 units of shares listed on the Nepal Stock Exchange (NEPSE). Within the total of 2,500,000 units of shares, the promoters held 1,525,000 units and the employees held 12,500 units of shares, all subject to a lock-in period since the IPO allotment two years ago.

The total paid-up capital of the company is Rs. 25 Crores.

As outlined in the official notice, the shares held by the Board of Directors and employees at higher management won't be tradable after the lock-in period.

AVYAN closed at Rs. 1,044.35.

Notice: