Chirkhwa Hydropower Share Sale: Promoter Gelje Lama to Sell 248,000 Shares
4th November 2026, Kathmandu
Gelje Lama, a promoter shareholder of Chirkhwa Hydropower Limited, is set to sell 248,056 units of his promoter shares.
Chirkhwa Hydropower Share Sale
He officially notified the company of his intention to offload the shareholding within the next three months.
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Key Details and Legal Regulatory Requirements
In accordance with prevailing Nepalese securities regulations, promoter shareholders must provide prior notice before disposing of significant equity stakes.
- Number of Shares Being Sold: 248,056 units.
- Shareholder Name: Gelje Lama (Promoter Shareholder).
- Execution Timeline: Within three months from the notice date.
- Notice Receipt Date: Kartik 17, 2083 (November 3, 2026).
- Regulatory Compliance: Pursuant to Section 84, Sub-section (1) of the Securities Act, 2063, and directives issued by the Securities Board of Nepal (SEBON), promoter shareholders holding 15 percent or more of equity must inform the target company at least 5 trading days prior to initiating share sales.
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