Nyadi Hydropower Company’s Lock-In Period Ends, Shares Open for Sale

The lock-in period for the shares owned by founders, employees, and locals affected by the Nyadi Hydropower project ends today (Kartik 4).

Lock-In Shares: A total of 12.795 million shares were under lock-in, including 10.95 million shares owned by the company’s founders, 300,000 shares held by employees, 1.5 million shares by locals affected by the project, and 45,000 shares held by company staff.

End of Lock-In Period: After the end of the lock-in period, the company’s founders, local residents, and employees are now eligible to sell their shares.

Share Sale Rules: The lock-in was imposed for three years after the public issuance, during which the company’s founders, project-affected locals, and employees were restricted from selling their shares. This lock-in has now expired.