Sarbottam Cement Limited to Conclude Lock-in Period for 2,554,227 Unit Shares for QII and Mutual Funds on 25th Bhadra

Sarbottam Cement Limited (SARBTM) published a notice regarding the lock-in period of its institutional investors and mutual fund, which will expire on 25th Bhadra, 2081.

As per the recent guidelines issued by the Securities Board of Nepal (SEBON), Sarbottam Cement Limited (SARBTM) has officially notified its investors and stakeholders of the conclusion of the lock-in period for the shares held by its institutional investors and mutual fund. The lock-in period will end next month on the 25th of Bhadra.

SARBTM, which has a total of 46,500,000 shares listed on the Nepal Stock Exchange (NEPSE), allocated 5% of 3,084,530 shares specifically for Mutual Funds. As a result, 154,227 unit shares were issued to Mutual Funds and are currently under a lock-in period. Additionally, Qualified Institutional Investors (QII) hold 2,400,000 shares, which are also subject to a lock-in period.

As per SEBON's directives, these 25,54,227 units were subjected to a lock-in period, which is slated to conclude on 25th Bhadra, 2081, as communicated to investors and stakeholders.

SARBTM closed at Rs. 900.00.

Notice: