Manakamana Smart Laghubitta Announces Conclusion of Lock-in Period for Promoters And Employee Shares on 27th Ashadh

Manakamana Smart Laghubitta Bittiya Sanstha Limited (MKLB) published a notice regarding the lock-in period of its promoter and employee shares, which will expire on 27th Ashadh, 2081.

As per the recent guidelines issued by the Securities Board of Nepal (SEBON), Manakamana Smart Laghubitta Bittiya Sanstha Limited (MKLB) has officially provided notice to its investors and stakeholders on the conclusion of the lock-in period for the shares held by its promoter shareholders, and employees. The lock-in period will end next month on the 27th of Ashadh.

MKLB now has 1,484,785 units of shares listed on the Nepal Stock Exchange (NEPSE). Within the total of 1,484,785 units of shares, the promoters held 10,08,035.43 units and the company's employees had 7,424.53 units of shares, all subject to a lock-in period since the IPO allotment three years ago.

The total paid-up capital of the company is Rs. 14.84 Crore.

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. Its promoter shares are tradable under promoter shares upon approval from the company and regulatory authority.

MKLB closed at Rs. 1,241.10 yesterday.

Notice: