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When can promoter shares be traded?

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When can promoter shares be traded?

A relative of mine had bought some promoter shares of NRN infrastructure and development exactly 10 yrs ago. When veiwed on meroshare their shares show LTP Rs 100 when the ordinary shars prices today is rs 480 smth.

Why is that? Feedback would be appreciated.

View on r/NepalStock by maii__

Topics Covered in this post:
Promoter | Shares | Traded | Trading/Settlement/Payment
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1 Comment

  2. Avatar of Unfunny_guy0 Unfunny_guy0
    Reply
    September 25, 2023,

    Promoter shares are only sold from promoter to promoter and require permission of the company in order to sell to someone that is not a promoter. One of the main drivers on why the price is so low.

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