Mandu Hydropower Set to Conclude Lock-in Period for 22,935 Units Mutual Fund Shares on 23rd Falgun

Mandu Hydropower Limited (MANDU) has issued a notice to its investors and stakeholders, informing them about the upcoming conclusion of the lock-in period for 22,935 unit shares held by Mutual Funds. Following the latest directives from the Securities Board of Nepal (SEBON), this lock-in period will expire on Falgun 23, 2080.

MANDU has 13,636,370 units of shares listed on the Nepal Stock Exchange (NEPSE). Within this allocation, 5 percent of 14,42,670 shares were exclusively designated for Mutual Funds, resulting in the issuance of 72,133 unit shares; however, only 22,935 units are currently in the lock-in period. Notably, in adherence to SEBON's directives issued on Kartik 25, a portion of these shares, 22,935 units, were subject to a lock-in period. Investors and stakeholders are now informed that Falgun 23 concluded the lock-in period for these 22,935 unit shares.

Notice: