Muktinath Krishi Company Limited (MKCL) has informed its investors and stakeholders about the imminent conclusion of the lock-in period for 70,000 unit shares held by Mutual Funds. Following the latest directives from the Securities Board of Nepal (SEBON), this lock-in period is scheduled to expire on the 18th of Jestha, 2081.
MKCL, with a total of 7,000,000 units of shares listed on the Nepal Stock Exchange (NEPSE), dedicated 5 percent of 14,00,000 shares exclusively for Mutual Funds. Consequently, 70,000 unit shares were issued and are currently under the lock-in period.
In accordance with SEBON’s directives, these 70,000 units were subjected to a lock-in period, which is slated to conclude on 18th Jestha, 2081, as communicated to investors and stakeholders.
MKCL closed at Rs. 872.00 on the NEPSE.