- The lock-in period of Bindhyabasini, Dordi Khola, Himalayan, and Upper Solu Hydro companies is coming to mid july.
- Companies have issued notices as there is a risk of share prices declining after the lock-in period ends.”
- Starting from June 16, the lock-in periods of various companies will gradually come to an end.”
June 9, Kathmandu – The lock-in period for local and founder shares of four different hydropower companies will end in the month of mid-July.”
From the day after the lock-in period ends, these shares will be traded like regular shares at the same price. As this increases the number of shares in circulation, there is a risk of a price drop. Therefore, companies have been informing the public about this through notices a month in advance.”
The lock-in period of Bindhyabasini Hydropower, Dordi Khola Jalvidyut Company, Himalayan Hydropower, and Upper Solu Hydro Electric Company is set to expire in july.”
The lock-in period for a total of 9,671,088 shares of Bindhyabasini Hydropower — including those held by founders, employees, and local affected individuals — will expire on June 16.”
Similarly, the lock-in period for a total of 8,412,960 shares of Dordi Khola Jalvidyut Company — held by founders, local affected individuals, and employees — will end on may 21.”
The lock-in period for a total of 9,021,115 shares of Himalayan Hydropower Company — held by founders, project-affected individuals, and employees — will expire on July 10.”
The lock-in period for a total of 11,581,650 shares of Upper Solu Hydro Electric Company will end from July 12.”
Source: Online Khabar
