Lock-In Period for Mutual Fund Shares of Shikhar Power Development Limited Set to Expire

1st September 2026, Kathmandu

The mandatory lock-in period for 111,000 ordinary shares of Shikhar Power Development Limited allocated to mutual funds is reaching completion.

Shikhar Power Lock-In Period Expiry

Regulatory Directive and Expiration Date

Compliance Framework: Pursuant to directives issued by the Securities Board of Nepal (SEBON), the mandatory holding period for the mutual fund portion will expire.

Expiration Timeline: The lock-in restriction officially ends on Ashoj 2, 2083 (September 18, 2026).

Share Allocation and Capital Structure

Total Issued Capital: The company holds an issued capital base of NPR 980 million.

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Public Issue Distribution: Out of the total public share allocation, 980,000 shares were designated for local residents in project-affected areas.

Mutual Fund Portion: Mutual fund schemes were allotted 5 percent of the remaining public portion, amounting to 111,000 ordinary shares.

Lock-In Duration: The shares were held under a mandatory six-month lock-in period starting from the date of public allotment.

Capital Management

Share Registrar: Global IME Capital Limited acts as the official share registrar managing corporate equity affairs for the company.

For More: Shikhar Power Lock-In Period Expiry