Samudayik Laghubitta Bittiya Sanstha Limited Announces Conclusion of Lock-in Period for Promoters and Employee Shares on Chaitra 4

Samudayik Laghubitta Bittiya Sanstha Limited (SLBSL) published a notice regarding the expiration of the lock-in period of its promoters and employee shares, and the lock-in period will expire on 4th Chaitra, 2082.

After the successful merger of Samudayik Laghubitta Bittiya Sanstha Limited and BPW Laghubitta Bittiya Sanstha Limited, it has commenced the joint transaction in the name of "Samudayik Laghubitta Bittiya Sanstha (SLBSL)" from 8th Falgun, 2080.

According to the recent guidelines issued by the Securities Board of Nepal (SEBON), Samudayik Laghubitta Bittiya Sanstha Limited (SLBSL) has officially notified its investors and stakeholders of the conclusion of the lock-in period for the shares held by its promoters and employee shares. In the next month of the 4th Chaitra, 2082, the lock-in period will end.

SLBSL now has 1,708,050 units of shares listed on the Nepal Stock Exchange (NEPSE). Of these, the promoters held 203,000 units and the company's employees 1,500 units. These shares have been subject to a lock-in period since the IPO allotment three years ago.

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.

SLBSL closed at Rs. 1,308.90 .

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