The lock-in period for more than 40.3 million shares of Ghhorahi Cement Industries Limited is set to expire on Asar 31, allowing a significant number of previously restricted shares to enter the secondary market.

According to the company, a total of 40,318,111 shares currently under lock-in will be released after the completion of the mandatory holding period.

The locked shares include 40,095,634 promoter shares, 24,705 shares held by project-affected locals, and 97,772 shares allocated to employees.

Under Nepal’s securities regulations, shares allotted to promoters, project-affected local residents, and employees through the IPO process must remain locked for three years from the IPO allotment date. Upon completion of this period, the shares become eligible for trading.

However, the company clarified that shares held by board directors and senior management personnel will continue to remain frozen in accordance with applicable regulatory provisions.

Market participants are closely monitoring the expiration of the lock-in period, as the release of a large volume of shares could influence supply dynamics and trading activity in the stock market.