Asian Hydropower Limited has announced that the lock-in period for 2,576,800 shares is scheduled to expire on Falgun 13. This regulatory milestone applies to shares belonging to promoters, company employees, and local residents, which will soon be eligible for trading on the secondary market.
Breakdown of Shares to be Released
A total of 25,76,800 units of shares are currently under the lock-in period. According to the company, the distribution of these shares is as follows:
- Promoter Group: 22,20,000 shares
- Local Residents (Project Affected Area): 3,40,000 shares
- Employees: 16,800 shares
Restrictions for Board and Management
While the general lock-in period for these groups is ending, the company clarified that shares held by the Board of Directors and those in high-level management positions will not be released. Their shares will remain frozen as per existing regulatory rules and cannot be traded at this time.
Disclaimer: This news is originally written in Nepali, translated with the help of AI and editorially reviewed.