Mathillo Mailun Khola Jalvidhyut Limited Announces Conclusion of Lock-In Period for Mutual Fund Shares


Mathillo Mailun Khola Jalvidhyut Limited (MMKJL) has notified its investors and stakeholders regarding the impending end of the lock-in period for 75,000 unit shares held by Mutual Funds. The Securities Board of Nepal (SEBON) has issued directives specifying that this lock-in period will terminate on the 2nd of Baishakh, 2081.

MMKJL, listed on the Nepal Stock Exchange (NEPSE), has a total of 10,000,000 units of shares. Among these, 5 percent, equivalent to 15,00,000 shares, were specifically allocated for Mutual Funds. Consequently, 75,000 unit shares were issued to Mutual Funds, and these shares are currently subject to the lock-in period.

In accordance with SEBON’s directives, these 75,000 units were placed under a lock-in period. It’s important to highlight that this lock-in period for the aforementioned shares is set to conclude on the 2nd of Baishakh, as communicated to investors and stakeholders.

MMKJL’s closing price stood at Rs. 429.00 as of the previous trading day.

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