Kathmandu. The lock-in period of 2,14,500 units of ordinary shares allotted by Sopan Pharmaceuticals for the mutual fund will expire. The lock-in period of the shares allotted by the company for the mutual fund will end on November 30.

As per the provision that the company has to set aside at least 5 percent of its shares for the mutual fund before the public issuance, the company has allotted the shares to the mutual funds.

The ordinary shares of the company were allotted to the general public on 17th Baisakh 2083. According to the provisions of the Securities Board of Nepal (SEBON), the shares allotted for the mutual fund have to be kept in lock-in for 6 months from the date of allotment of shares through public issue.

According to the same provision, the lock-in period of 2,14,500 units of shares will expire on November 3.