Lock-in Period of Shares of Five NEPSE-Listed Companies to Expire in Ashwin and Kartik

The lock-in period of shares belonging to five NEPSE-listed companies is set to expire during Ashwin and Kartik, allowing the eligible shares to be traded in the secondary market. The companies are Upper Mailung Khola Hydropower Limited, Kalinchowk Hydropower Limited, Apollo Hydropower Limited, Sopan Pharmaceuticals Limited, and Chirkhwa Hydropower Limited. A total of 84,90,800 promoter and local shares of Upper Mailung Khola Hydropower Limited will be released from the lock-in period on Kartik 2. Similarly, 41,250 mutual fund shares of Kalinchowk Hydropower Limited will become eligible for trading on Kartik 6, followed by 47,000 mutual fund shares of Apollo Hydropower Limited on Kartik 10. Chirkhwa Hydropower Limited will see 30,20,700 promoter and local shares released on Kartik 14, while the lock-in period for 2,10,965 mutual fund shares of Sopan Pharmaceuticals Limited will expire on Kartik 16. The lock-in period restricts designated shareholders, including promoters, local investors, and mutual funds, from selling their shares for a specified duration. Once the period expires, the shares become eligible for secondary-market trading, subject to applicable regulations.