Manushi Laghubitta Announces Conclusion of Lock-in Period for Promoters And Employee Shares on 7th Bhadra

Manushi Laghubitta Bittiya Sanstha Limited (MLBS) published a notice regarding the lock-in period of its promoters, employees, regulatory bodies, and other stakeholders, which will expire on 7th Bhadra, 2081.

As per the recent guidelines issued by the Securities Board of Nepal (SEBON), Manushi Laghubitta Bittiya Sanstha Limited (MLBS) 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, employees, and regulatory bodies. The lock-in period will end next month on the 7th of Bhadra.

MLBS now has 1,093,750 units of shares listed on the Nepal Stock Exchange (NEPSE). Within the total of 1,093,750 units of shares, the promoters held 7,00,000 units and the company's employees had 5,469 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. 10.93 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.

MLBS closed at Rs. 1,480.00.

Notice: