Jeevan Bikas Laghubitta's 'Lock-in' Period Ending on Asar 22
Author
NEPSE trading

The lock-in period for shares distributed to the founders and employees of Jeevan Bikas Laghubitta Financial Institution will end on Asar 22. After this date, the shares held by the founders and employees will become eligible for trading.
Jeevan Bikas Laghubitta had distributed shares to the public on Asar 23, 2078. From that date, a three-year lock-in period was imposed, during which the founders and employees were not allowed to trade their shares in the market.
The company has 67,375.95 shares held by employees under the lock-in period, while 9,095,752.57 shares are held by the founders. After the lock-in period ends, these shares will be eligible for trading in the market.
However, the founder shares of banks, financial institutions, and microfinance institutions cannot be traded as easily as ordinary shares in the secondary market. Additional procedures and regulations may be required for their trading.
Thus, with the end of the lock-in period for Jeevan Bikas Laghubitta, the trading activity of the shares held by the founders and employees will increase, potentially impacting the company's share price.