Sonapur Minerals And Oil Limited Set to Conclude Lock-in Period for 4,02,019 Units Mutual Fund Shares on 23rd Chaitra

Sonapur Minerals and Oil Limited (SONA) has issued a notice to its investors and stakeholders, informing them about the upcoming conclusion of the lock-in period for 4,02,019 unit shares held by Mutual Funds. Following the latest directives from the Securities Board of Nepal (SEBON), this lock-in period will expire on 23rd Chaitra, 2080.

SONA, with a total of 30,750,500 units of shares listed on the Nepal Stock Exchange (NEPSE). Within this allocation, 5 percent of 12,165,680 shares were exclusively designated for Mutual Funds, resulting in the issuance of 6,08,284 unit shares; however, only 4,02,019 units are currently in the lock-in period.

Notably, in adherence to SEBON's directives issued on Kartik 20, a portion of these shares, 4,02,019 units, were subject to a lock-in period. Investors and stakeholders are now informed that Chaitra 23 concluded the lock-in period for these 4,02,019 unit shares.

SONA closed at Rs. 490.00 yesterday.

Notice: