Shares Allotted to Project-Affected Locals of Ankhukhola Hydropower (AKJCL) Trading From Today

The shares allotted to project-affected locals of Ankhukhola Hydropower Company Limited (AKJCL) have completed their locking period. The shares can be freely traded in NEPSE from today.

The shares of the company were allotted to the locals of the project-affected area on Ashoj 04, 2075. Thus, the shares completed their locking period yesterday, i.e. Ashoj 04, 2078.

Out of 80 lakh units, only 13.76 lakh units of AKJCL were tradeable as of now. From now on, all 80 lakh units are freely tradeable in the secondary market. As of writing, the ordinary shares of the company have an LTP of Rs. 348.

Similarly, the shares were allotted to the general public on Kartik 11, 2075. Since promoter shares have a locking period of 3 years from this date, the promoter shares will complete their locking period on Kartik 11, 2078.