Mid-Solu Hydropower Set to Conclude Lock-in Period for 37,420 Units Mutual Fund Shares On 10th Chaitra

Mid-Solu Hydropower Company Limited (MSHL) has issued a notice to its investors and stakeholders, informing them about the upcoming conclusion of the lock-in period for 37,420 unit shares held by Mutual Funds. Following the latest directives from the Securities Board of Nepal (SEBON), this lock-in period will expire on 10th Chaitra, 2080.

MSHL, with a total of 7,484,000 units of shares listed on the Nepal Stock Exchange (NEPSE), had allocated 5 percent, or 37,420 units, exclusively for Mutual Funds within this share pool of 14,96,800 issued for the general public. Following SEBON's directives issued on Kartik 25, these 37,420 units were subjected to a lock-in period. It is important to note that the lock-in period for these shares will conclude on Chaitra 10, as communicated to investors and stakeholders.

MSHL closed at Rs. 654.50 yesterday.

Notice: