BREAKING NEWS
Appolo Hydropower’s 47,000 Mutual Fund Shares to Exit Lock-In on Kartik 10
The six-month lock-in period for 47,000 Appolo Hydropower shares allocated to mutual funds will expire on Kartik 10, 2083.
Nepalytix
5 min read
Appolo Hydropower Limited (APHL) has announced that the lock-in period for 47,000 ordinary shares allocated to mutual funds will expire on Kartik 10, 2083.
The company has an issued capital of Rs. 47 crore, comprising 9,40,000 shares. Of these, 47,000 shares, equivalent to 5% of the total, were allocated to mutual funds and placed under a mandatory six-month lock-in period.
Following the completion of the lock-in period, the shares will become eligible for trading from the specified date.
The company issued the notice to inform investors and other concerned stakeholders about the expiry of the lock-in period.