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8.412 million units of Dordikhola Hydropower Company’s lock-in expires

SPIL
Global College
Nepal Life New

Kathmandu. Dordikhola Hydropower Company limited is set to issue more than 8.41 million units of shares from June 15.

Issuing a notice today, the company informed that the lock-in period of 8,412,960 units of shares has expired. Of the total units at the end of the lock-in period, 7,590,675 units are of founders, 756,420 units of project-affected locals and 65,865 units of employees.

Crest

The IPO issued by the company to the general public was announced on June 15, 2019. There is a provision to keep the shares of founders, locals and employees in lock-in for three years from the date of ipo allotment of any company.

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