It must be noted that the end of the shareholder lock-in period does not mean all the shares will be sold in the open market, but they just become eligible to be traded.
NsdlNSDL’s one-month shareholder lock-in period will end today, which is slated to free up as many as 7.5 million shares of the company for trading.
The number of shares that will free up for trading, amount to 4% of the company’s outstanding equity.
Based on the current market price, the number of shares that will free up for trading as the lock-in period ends, are valued at nearly ₹958 crore.Another 8 million shares or 4% of the outstanding equity of NSDL will free up for trading when its three-month lock-in period ends on November 3.
Sri Lotus Developers and Realty
7.9 million shares of the company, or 2% of its outstanding equity, will free up for trade as the shareholder lock-in ends.
Based on Tuesday’s closing price, the total value of Lotus Developers’ shares that will free up for trade, is ₹141.7 crore.
M & B Engineering
M & B Engineering will see its lock-in period end on Wednesday. The company will see 3.8 million shares unlock for trading, which is valued at ₹164.9 crore, as per their closing price on Tuesday.
