BREAKING NEWS
Lock-in Period for Bhujung Hydropower IPO Shares Allotted to Mutual Funds Ends on Shrawan 26
The six-month lock-in period for 50,000 Bhujung Hydropower IPO shares allotted to mutual funds will expire on Shrawan 26.
Nepalytix
5 min read
The lock-in period for Bhujung Hydropower Limited's IPO shares allotted to mutual funds is set to expire on Shrawan 26, 2083.
During its Initial Public Offering (IPO), the company allocated 50,000 shares to collective investment schemes (mutual funds) as per the regulatory allocation.
Under Nepal's securities regulations, IPO shares allotted to mutual funds are subject to a six-month lock-in period starting from the date the shares are allotted to the general public.
Following the expiry of the lock-in period, the concerned mutual funds will be eligible to trade these shares in the secondary market.