Lock-In Period for Mutual Fund Shares of Sanvi Energy Limited to Expire on December 11, 2025

Sanvi Energy Limited has announced that the lock-in period for shares allotted to mutual funds during its Initial Public Offering (IPO) will officially expire on Mangsir 25, 2082 (December 11, 2025).

According to the company, based on the directive received from the Securities Board of Nepal (SEBON), Sanvi Energy had opened its IPO for public subscription from Jestha 9 to Jestha 13, 2082, and the allotment was completed on Jestha 26, 2082.

Out of a total of 3,790,000 ordinary shares issued, 10% (880,000 shares) were allotted to local residents of the project-affected area, while out of the remaining 2,910,000 shares, 5% (145,500 shares) were allotted to mutual funds.

As per SEBON regulations, the shares allotted to mutual funds were subject to a six-month lock-in period from the date of allotment, which will conclude on December 11, 2025.

The company issued this notice to inform regulatory bodies, shareholders, and concerned stakeholders of the expiration of the lock-in period.

Nepal SBI Merchant Banking Limited serves as the share registrar for Sanvi Energy Limited.