Pure Energy Limited Announces Expiry of Mutual Fund Lock-In Period

Pure Energy Limited has published a notice regarding the expiry of the lock-in period of ordinary shares allotted to mutual funds.

As per the directive of the Securities Board of Nepal (SEBON), the company had issued 1.6 million ordinary shares through its IPO on Baisakh 11, 2082. Out of this, 2% (160,000 shares) were allotted to project-affected locals of Banke District, while 5% (72,000 shares) were reserved for mutual funds.

According to the company, the lock-in period for the mutual fund shares will expire after six months from the issuance date, i.e., on Kartik 11, 2082 (October 28, 2025).

The company has notified all regulatory bodies, shareholders, and stakeholders about the expiry of this lock-in period.