IME Life Insurance Announces Expiry of Lock In Period for Designated Shares

9th June 2026, Kathmandu

IME Life Insurance Company Limited has issued an official notice informing public shareholders, regulatory authorities, and financial stakeholders about the upcoming conclusion of its mandatory share restriction window.

IME Life Lock-In Expiry

The corporate announcement complies directly with the formal directives set by the Securities Board of Nepal, the apex capital market regulator of the country. The regulatory guideline was communicated via an official board letter dated December 11 2023, under reference number 2080/081 and dispatch number 1523.

Quantifying the Restressed Equity Volume and Specific Locked Categories

The upcoming regulatory shift will affect a massive portion of the equity structure of the company, moving these units from restricted accounts to tradable status.

Understanding the split between institutional founder holdings and general worker allocations helps individual traders gauge how much supply could enter the public market.

The specific volume and classification of shares coming out of the locking window include:

• The company maintains a total equity baseline of 400 million registered shares in its corporate ledger
• Founder shareholders account for the largest restricted portion, with exactly 280 million shares under restriction
• Eligible general company employees hold a smaller allocation, totaling 600,000 shares under current lock-in
• The combined volume of all shares scheduled to exit the locking window reaches exactly 286 million shares

According to the official corporate publication, the lock-in restriction on these 286 million shares will officially expire on 30 Ashadh 2083, which corresponds to July 14, 2026 on the international solar calendar.

Once this date passes, the designated units can be freely transferred and traded on the national secondary exchange floor, subject to standard clearing house protocols.

Regulatory Exceptions and Continued Trading Restrictions for Key Executives

While a substantial volume of equity will gain market liquidity, the company has clarified that strict insider trading safeguards remain fully active.

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Securities laws continue to bar senior decision-makers from trading their personal holdings to prevent conflicts of interest and maintain high corporate governance standards.

The primary groups subject to ongoing share restrictions and trading bans feature:

• Sitting members serving on the corporate Board of Directors cannot trade their registered equity portions
• High-level management personnel serving in senior corporate executive positions face continued restrictions
• These key leadership holdings remain restricted in accordance with prevailing national company laws and central bank guidelines

This standard carve-out ensures that individuals with direct access to non-public financial reports cannot take advantage of short-term price fluctuations.

By keeping executive equity locked, the regulatory frame keeps management goals aligned with long-term institutional stability and protects the interests of minority retail investors.

Complete Institutional Directory and Share Registrar Management Details

To facilitate smooth account updates and answer investor questions regarding block transfers, the company has provided verified contact logs for its main administrative offices and its appointed capital market intermediary.

The direct institutional location and communication records for the life insurance firm feature:

• Corporate Entity: IME Life Insurance Company Limited
• Registered Central Office: Hathway Complex, Lainchaur, Ward Number 26, Kathmandu, Nepal
• Primary Telephone Lines: 01-4024071 and 01-4024072
• Official Electronic Mail Address: [email protected]
• Corporate Web Domain: www.imelifeinsurance.com

For shareholders seeking technical support with dematerialized accounts, signature verifications, or share split applications, all processing is managed by the designated issue manager.

The appointed share registrar for this equity block is Global IME Capital Limited, located in Naxal, Kathmandu. Shareholders are encouraged to update their bank accounts and clear any outstanding demat renewals ahead of the July deadline to ensure accurate tracking of their updated portfolios.

For More: IME Life Lock-In Expiry