Hathway Investment Nepal Limited Set to Conclude Lock-in Period for 36,512 Units Mutual Fund Shares on 1st Chaitra

Wed, Mar 6, 2024 10:02 AM on Latest,

Hathway Investment Nepal Limited (HATHY) has issued a notice to its investors and stakeholders, informing them about the upcoming conclusion of the lock-in period for 36,512 unit shares held by Mutual Funds. Following the latest directives from the Securities Board of Nepal (SEBON), this lock-in period will expire on 1st Chaitra, 2080.

HATHY, with a total of 25,740,000 units of shares listed on the Nepal Stock Exchange (NEPSE). Within this allocation, 5 percent of 29,25,000 shares were exclusively designated for Mutual Funds, resulting in the issuance of 146,250 unit shares; however, only 36,512 units are currently in the lock-in period.

Notably, in adherence to SEBON's directives issued on Mangsir 25, a portion of these shares, 36,512 units, were subject to a lock-in period. Investors and stakeholders are now informed that Chaitra 1 concluded the lock-in period for these 36,512 unit shares.

HATHY closed at Rs. 863.90 yesterday.

Notice: