Mega Capital in Rara Hydropower’s share issue and sale manager
The company has appointed Mega Capital Markets Limited as the issue and sale manager to issue 1.2 million shares.
KATHMANDU: MAY. 5 – Rara Hydropower Development Company Limited is going to issue IPO to the public.
The company has appointed Mega Capital Markets Limited as the issue and sale manager to issue 1.2 million shares.
Rara Hydro Power Company signed an agreement with Mega Capital Markets Limited Tripureshwor on Wednesday and appointed Mega Capital as the issue and sale manager.
The agreement has been signed by Shankar Lal Vaidya, Director of Rara Hydropower Development Company and Sabir Bade Shrestha, Chief Executive Officer of Mega Capital Markets Limited.
The Hydropower Company has stated that it plans to apply for the issue of shares by completing the necessary process before the Nepal Securities Board to issue 1.2 million shares worth Rs. 120 million to the public.
Director of Rara Hydropower Development Company Limited Mangal Bishwakarma and Chief Investment Officer of Mega Capital Markets Limited Shulabh Shrestha were also present on the occasion.
