Kathmandu. The lock-in period of 112,000 units of shares of Crest Micro Life Insurance is coming to an end.
Issuing a notice today, the Registrar of Shares Himalayan Investment Banker informed that the lock-in period of 112,500 units of shares of Crest Micro Life will end from September 11. This is the share allotted to the collective investment fund during the IPO issue.
On the date of IPO allotment, companies have to keep the shares allocated to the collective investment fund in lock-in for six months. According to the same arrangement, the shares allocated to the collective investment fund kept in the lockin by Crest Micro Life are going to be released.
