Green Ventures Limited Announces Conclusion of Lock-in Period for Promoters, Local Residents of the Project-Affected Area, And Employee Shares on Chaitra 20
Sun, Mar 2, 2025 9:12 AM on Latest,
Green Ventures Limited (GVL) published a notice regarding the expiration of the lock-in period of its promoter shares and employee shares, and residents of the project-affected area will expire on 20th Chaitra, 2081.
As per the recent guidelines issued by the Securities Board of Nepal (SEBON), Green Ventures Limited (GVL) has officially provided notice to its investors and stakeholders on the conclusion of the lock-in period for the shares held by its promoter shareholders and employees. In the next month of the 20th Chaitra, the lock-in period will end.
GVL now has 34,375,000 units of shares listed on the Nepal Stock Exchange (NEPSE). Within the total of 34,375,000 units of shares, the promoters held 2,50,00,000 units, the residents of the project-affected area had 31,23,200 units of shares, and the company's employees had 93,750 units of shares, all subject to a lock-in period since the IPO allotment three years ago.
The total paid-up capital of the company is Rs. 3.43 Arba.
As outlined in the official notice, the shares held by the Board of Directors and employees at higher management won't be tradable after the lock-in period.
GVL closed at Rs. 547.00.
