Mathillo Mailun Khola Set to Conclude Lock-in Period for 75,000 Units Mutual Fund Shares On 2nd Baishakh

Mathillo Mailun Khola Jalvidhyut Limited (MMKJL) has issued a notice to its investors and stakeholders, informing them about the upcoming conclusion of the lock-in period for 75,000 unit shares held by Mutual Funds. Following the latest directives from the Securities Board of Nepal (SEBON), this lock-in period will expire on 2nd Baishakh, 2081.

MMKJL, with a total of 10,000,000 units of shares listed on the Nepal Stock Exchange (NEPSE). Within this allocation, 5 percent of 15,00,000 shares were exclusively designated for Mutual Funds, resulting in the issuance of 75,000 unit shares that are currently in the lock-in period.

Following SEBON's directives issued, these 75,000 units were subjected to a lock-in period. It is important to note that the lock-in period for these shares will conclude on Baishakh 2, as communicated to investors and stakeholders.

MMKJL closed at Rs. 429.00 yesterday.

Notice: