Lock-In Period Expiring for Ghorahi Cement Promoters and Local Shareholders Next Month

Ghorahi Cement Industry Limited has officially announced that the mandatory three year lock-in period for certain shares will end on July 15, 2026 (Asadh 31, 2083 BS). These shares were originally distributed on July 16, 2023 (Asadh 31, 2080 BS), to the company's promoters, local residents living near the project affected area, and company employees. Following a directive from the Securities Board of Nepal (SEBON), which requires companies to notify the public 30 days before a holding restriction ends, Ghorahi Cement is publishing this notice to inform all investors and regulatory bodies.

Once the deadline passes, a total of 40,318,111 shares which includes all bonus shares distributed up to this point will become eligible for trading. This total consists of 40,195,634 shares owned by the company's Promoters, 24,705 shares held by local residents of the project affected areas, and 97,772 shares belonging to company employees. However, the company has specified that shares belonging to Board Directors and top-level managers will remain restricted from trading according to standard regulatory laws. Himalayan Capital Limited is handling the process as the official share registrar for the company.