Kathmandu. The ‘lock-in’ period of Mandakini Hydropower Limited is set to end on 16th Shrawan. The ‘lock-in’ period of shares allotted to promoters, local residents and employees is about to end.
After the end of the lock-in period, shares held by promoters, local residents and employees will be eligible for trading. There is a provision to keep the shares of promoters, local residents and employees locked-in for 3 years from the date of allotment of shares to the general public.
The company had allotted its IPO to the general public on 17th Shrawan 2079. After completing 3 years from that date, Mandakini’s lock-in period is about to end.
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