Locking Period on Shares of Shivam Cements Ends

Mar 06, 2022 02:18 PM Merolagani

The locking period of Shivam Cements has ended on Sunday, March 6. Following the end, all shares have been converted to ordinary shares and are tradeable in the market.

A total of 44 million units of shares are listed in NEPSE, out of which, 38.7 million units were promoter and 880,000 units were issued to locals of the affected area. The remaining 4.4 million units were ordinary shares.

Earlier, only shares issued to ordinary shareholders were traded in the secondary market. Now the shareholders can trade all 44 million units of shares.

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