Kathmandu. The lock-up period of over 72,500 units of shares of Sagar Distillery is about to expire.
Issuing a notice, the company informed that the auction of 72,600 units of shares allotted for mutual funds has expired. The company’s closing period will expire on March 24.
As per the provision, the shares allotted for the mutual fund will have to be locked in for 6 months from the date of IPO allotment.
