Vision Lumbini Urja Company Set to Conclude Lock-in Period for 95,625 Units Mutual Fund Shares On 4th Jestha
Thu, Apr 11, 2024 6:51 AM on Latest,
Vision Lumbini Urja Company Limited (VLUCL) has notified its investors and stakeholders regarding the impending conclusion of the lock-in period for 95,625 unit shares held by Mutual Funds. Following the latest directives from the Securities Board of Nepal (SEBON), this lock-in period is set to expire on the 4th Jestha, 2081.
VLUCL, boasting a total of 19,125,000 units of shares listed on the Nepal Stock Exchange (NEPSE), allocated 5 percent of 19,12,500 shares exclusively for Mutual Funds. Consequently, 95,625 unit shares were issued and are presently under the lock-in period.
As per SEBON's directives, these 95,625 units were subjected to a lock-in period, which is slated to conclude on 4th Jestha, 2081, as communicated to investors and stakeholders.
VLUCL closed at Rs. 507.00 yesterday.
