Beni Hydropower Project Limited has announced that today, Chaitra 15, 2082, is the final day for submitting applications for its IPO issued to project-affected locals. The company issued 10,40,000 shares starting from Chaitra 1, 2082, exclusively for eligible residents of Solukhumbu district.
Shares have been allocated based on the level of impact: 50% (5,20,000 shares) for residents of highly affected areas, specifically Wards 2, 3, and 4 of Solududhkunda Municipality; 30% (3,12,000 shares) for residents of moderately affected areas, Wards 5, 6, 7, and 11; and 20% (2,08,000 shares) for residents of other minimally affected areas within Solukhumbu district.
Local applicants can apply for a minimum of 10 shares and a maximum of 10,000 shares. Applications can be submitted at designated bank branches, including NMB Bank (Salleri branch), Laxmi Sunrise Bank (Salleri branch), Global IME Bank (Solukhumbu branch), and Prime Commercial Bank (Necha Salyan branch).
NMB Capital Limited is acting as the IPO’s issue manager for this offering.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
