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Sopan Pharmaceuticals’ 214,500 Mutual Fund Shares to Be Unlocked on Kartik 16

The six-month lock-in period for 214,500 ordinary shares allocated to mutual funds of Sopan Pharmaceuticals will expire on Kartik 16, 2083.

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Sopan Pharmaceuticals’ 214,500 Mutual Fund Shares to Be Unlocked on Kartik 16

Sopan Pharmaceuticals Limited (SOPL) has announced that the lock-in period for 214,500 ordinary shares allocated to mutual funds will expire on Kartik 16, 2083. The company has an issued capital of Rs. 1.71 Arba. Of the total 4,290,000 ordinary shares, 214,500 shares, equivalent to 5% of the total issue, were allocated to mutual funds and placed under a mandatory six-month lock-in period. With the completion of the lock-in period, the shares will become eligible for trading from the specified date, subject to applicable rules and regulations. The company issued the notice to inform its shareholders, investors, and other concerned stakeholders about the upcoming release of the locked-in shares.

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