Rasuwa Gadi Hydropower Shares Unlock: What You Need to Know
Exciting news for investors in Rasuwa Gadi Hydropower Company Limited! The lock-in period for over 6.8 million shares held by local project-affected individuals is ending soon. This is a significant event for anyone involved in Nepalese stock market and could impact stock trading activities.
The lock-in period for the 6,882,100 shares expires on August 27th. These shares were initially distributed to locals on August 28, 2022, through the initial public offering (IPO) process. According to Securities Board of Nepal regulations, these shares were subject to a three-year lock-up period, preventing them from being sold on the Nepal Stock Exchange (NEPSE).
Now, with the lock-in expiring, the local investors are free to trade their Rasuwa Gadi Hydropower shares on NEPSE. This could potentially increase the stock market liquidity, impacting the share price of Rasuwa Gadi Hydropower. Investors should keep a close eye on the NEPSE for trading updates and stock market news regarding these shares.
For those who are interested in investing in hydropower companies in Nepal, this is a good opportunity to analyze this situation. Furthermore, any investment strategies should be considered carefully to stay updated regarding the stock market performance and share market news. This development could bring more opportunities for shareholders and boost the overall hydro sector. Keep an eye out for any changes on Nepalese stock market and keep in touch with the financial market.
