Three Star Hydropower Concluded Lock-in Period for 36,938 Mutual Fund Shares on 18th Poush

Fri, Jan 26, 2024 10:07 AM on Latest,

Three Star Hydropower Limited (TSHL) has published a notice to its investors and stakeholders of the imminent conclusion of the lock-in period for 36,938 unit shares held by Mutual Funds. Following the latest directives from the Securities Board of Nepal (SEBON), this lock-in period, which commenced on Ashadh 19, 2080, expired on Poush 18, 2080.

TSHL has 4,925,000 units of shares listed on the Nepal Stock Exchange (NEPSE). Within this, 5 percent of 7,38,750 was earmarked exclusively for Mutual Funds, representing 36,938 units of shares. Notably, in adherence to SEBON's directives issued on Kartik 20, a portion of these shares, 36,938 units, were subject to a lock-in period. Investors and stakeholders are now informed that the lock-in period for these 36,938 unit shares was concluded by the 18th Poush.