Lock-in Period of Sayapatri Hydropower Promoter, Local, and Employee Shares Ending on Shrawan 23

Sayapatri Hydropower Limited (SPHL) has announced that the lock-in period for the shares held by its promoters, local residents of the project-affected area, and employees will conclude on Shrawan 23, 2082. The company informed this through a public notice, in line with the Securities Board of Nepal's (SEBON) guidelines. A total of 3,000,000 units of shares are listed on NEPSE, of which 2,100,000 units are held by promoters, 178,940 units by locals, and 14,421 units by employees—all under lock-in since the IPO allotment three years ago. However, the company clarified that shares owned by members of the Board of Directors and senior management staff will still remain non-tradable even after the lock-in expiry.