Lock-in Period of Maikhola Hydropower Shares Nears End, Over 2.4 Million Shares to Become Tradable

Kathmandu — Maikhola Hydropower Limited has announced that the lock-in period for a significant portion of its shares is set to expire, paving the way for a large volume of shares to enter the secondary market.The company had issued its initial public offering (IPO) to the general public in Baisakh 2080, and in accordance with regulatory provisions, shares allocated to promoters, employees, and local residents were subject to a three-year lock-in period. This restriction is now set to end on Baisakh 18, 2083.According to the company, a total of more than 2.4 million shares currently under lock-in—including those held by promoter shareholders, employees, and project-affected local residents—will gradually become eligible for trading once the restriction is lifted.Market analysts suggest that the release of such a large volume of shares could increase supply in the secondary market, potentially putting short-term pressure on stock prices. However, it may also improve liquidity and contribute to a more active trading environment over the longer term.The company stated that the notice has been issued to inform regulators, investors, and all concerned stakeholders about the upcoming change. It also clarified that promoter shareholders who are serving as board members or hold senior management positions will remain restricted from trading shares during their tenure and for one year after leaving their position, as per existing regulations.