Salpa Bikas Bank’s share lockout expires

Kathmandu. The lock-in period of Salpa Development Bank has ended. The lock-up period of more than 86 lakh units of shares of the bank has ended.

Issuing a notice today, the bank informed that the lock-in period of the shares reserved for the mutual fund will end after July 7.

The bank is issuing 86,194 units of shares to the mutual funds.

As per the provision, the public will have to keep the shares set aside for the mutual fund for 6 months from the date of IPO allotment.

 

 

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