Two Upper Hewakhola Hydropower Shareholders Plan to Sell 134,601 Shares
Two basic shareholders of Upper Hewakhola Hydropower plan to sell a combined 134,601 shares within the next three months.
Two basic shareholders of Upper Hewakhola Hydropower Company Limited have announced plans to sell a total of 134,601 shares within the next three months.
According to the company, Bandana Kumari Khadka plans to sell 59,601 shares, while Arjun Prasad Gautam plans to sell 75,000 shares.
The company has submitted the required information to the Securities Board of Nepal (SEBON) in accordance with the Securities Act, 2063.
Under the applicable provision, basic shareholders intending to sell 5% or more of their shareholding must notify the concerned company at least 15 days before the proposed sale.
The announcement covers the shareholders’ intention to sell the shares and does not itself confirm that the transactions have been completed.