Deprosc Laghubitta Announces Conclusion of Lock-in Period for Promoters And Employees Shares on Shrawan 10

Deprosc Laghubitta Bittiya Sanstha Limited (DDBL) published a notice regarding the expiration of the lock-in period of its promoters' and employees' shares, which will expire on 10th Shrawan, 2082.

According to the recent guidelines issued by the Securities Board of Nepal (SEBON), Deprosc Laghubitta Bittiya Sanstha Limited (DDBL) 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 10th Shrawan, 2082, the lock-in period will end.

DDBL now has 18,682,860 units of shares listed on the Nepal Stock Exchange (NEPSE). Within the total of 18,682,860 units of shares, the promoters held 2,02,342 units and the employees held 1,482 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. 1.86 Arba.

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.

DDBL closed at Rs. 809.72.

Notice: