Lock-in Period of 1.15 Crore Shares of Upper Solu Hydro to End on Asar 29

The lock-in period of 1,15,81,650 shares of Upper Solu Hydroelectric Company Limited is set to expire on Asar 29, 2081 (mid-July 2025). Once the lock-in ends, these shares will be eligible for trading in the secondary market.

The shares currently under lock-in include 1,01,92,500 shares held by the company’s promoters, 39,150 shares allocated to employees, and 13,50,000 shares issued to project-affected local residents. All of these will become tradable after the lock-in period expires.

However, members of the board of directors and employees in senior management positions will still be restricted from selling their shares immediately. They must comply with additional regulatory requirements before being permitted to sell.

Analysts expect that the end of the lock-in period may lead to an increase in the supply of these shares in the market, which could potentially influence the stock's price.

• Lock-in expiry date: Asar 29, 2081

• Total shares becoming tradable: 1,15,81,650

• Eligible shareholders: Promoters, employees, and affected locals

• Restrictions remain for: Board members and top management