Green Ventures Limited (GVL) has released a statement regarding the impending conclusion of the lock-in duration for its promoter and employee shares, as well as for the inhabitants of the project-affected region, which will terminate on the 20th of Chaitra, 2081.
In accordance with the latest directives from the Securities Board of Nepal (SEBON), Green Ventures Limited (GVL) has formally informed its investors and stakeholders about the impending end of the lock-in duration for shares held by its promoter shareholders and employees. This lock-in period is set to conclude next month on the 20th Chaitra.
Currently, GVL has 34,375,000 shares listed on the Nepal Stock Exchange (NEPSE). Among these, the promoters possess 25,000,000 shares, residents of the project-affected region hold 3,123,200 shares, and the company’s employees own 93,750 shares, all of which have been under a lock-in duration since the initial public offering (IPO) three years ago.
The total paid-up capital of the firm is Rs. 3.43 Arba.
According to the official announcement, shares owned by the Board of Directors and senior management employees will not be available for trading following the conclusion of the lock-in period.
