Kathmandu, Nepal – Samudayik Laghubitta Bittiya Sanstha Limited (SLBSL) has announced that the lock-in period for shares held by its promoters and employees will expire on 4th Chaitra, 2082, in accordance with the latest guidelines from the Securities Board of Nepal (SEBON).
The announcement comes after the successful merger of Samudayik Laghubitta Bittiya Sanstha Limited and BPW Laghubitta Bittiya Sanstha Limited, following which joint transactions have been conducted under the name “Samudayik Laghubitta Bittiya Sanstha (SLBSL)” since 8th Falgun, 2080.
Currently, SLBSL has 1,708,050 shares listed on the Nepal Stock Exchange (NEPSE). Of these, 203,000 units are held by promoters and 1,500 units by company employees, which have been under a three-year lock-in period since IPO allotment.
The official notice clarifies that shares held by the Board of Directors and higher management employees will remain non-tradable even after the expiration of the lock-in period.
SLBSL closed the trading session at Rs. 1,308.90.