Aspect | Details |
Company Name | Himalayan Reinsurance Limited (HRL) |
Total Shares on NEPSE | 104,000,000 units |
Shares Allocated for Mutual Funds | 3,000,000 units (5%) |
Shares under Lock-in Period | 1,500,000 units |
Lock-in Period Expiry Date | 10th Ashadh, 2081 |
Governing Body | Securities Board of Nepal (SEBON) |
Himalayan Reinsurance Limited (HRL) allocated 3,000,000 shares specifically for mutual funds, 5 percent of its total shares i.e. 104,000,000 listed on the Nepal Stock Exchange (NEPSE). Following the directives of the Securities Board of Nepal (SEBON), these 1,500,000 shares have been under a lock-in period. HRL has now communicated to its investors and stakeholders that this lock-in period will conclude on the 10th of Ashadh, 2081.
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