Upakar Laghubitta Bittiya Sanstha Limited (ULBSL) has issued a notice regarding the conclusion of the lock-in period for its promoter shareholders. The lock-in period, which began on Baishakh 19, 2079, and ended on Magh 16, 2080, has been formally communicated to investors and stakeholders in accordance with the recent guidelines from the Securities Board of Nepal (SEBON).
ULBSL, listed on the Nepal Stock Exchange (NEPSE), has a total of 1,061,482 units of shares. Among these, the promoter shareholders held 4,20,000 units, and this lock-in period for these shares officially expired on Magh 16, 2080. Additionally, the company issued 2,21,156 units of IPO shares to the general public.
With a total paid-up capital of Rs. 10.61 crores, ULBSL has recently listed 6,89,964 units of promoter shares on NEPSE following the issuance of 61.75% bonus shares within a one-year period.
It’s important to note that the shares held by the promoters, post lock-in period, will be traded in the promoter category and will have a distinct pricing mechanism separate from the public share price. This information is crucial for investors and stakeholders in understanding the market dynamics and classification of shares within ULBSL.
Highlights:
- Kutheli Bukhari Small Hydropower (KBSH) Ends Lock-In: 6,093 Mutual Fund Shares Unlocked
- Three Star Hydropower Limited (TSHL) Announces Conclusion of Lock-In Period for Mutual Fund Shares as per SEBON Directives
- MAKAR Announces End of Lock-in Period for Dolma Impact-1 Shares
- Swet-Ganga Hydropower: 38.51M Shares Set for Trading as Lock-in Period Nears End on 2nd Falgun
- MKCL Lock-in Period for Mutual Fund Shares Set to Conclude