Maya Khola Hydropower Signs Agreement with Citizens Capital for Right Share Issue
Summary
Maya Khola Hydropower Limited appoints Citizens Capital Limited as Issue Manager for its 10 million unit right share issuance to boost capital market participation and support future expansion.
Key Points
- Maya Khola Hydropower Limited has signed an agreement with Citizens Capital Limited for right share issuance management.
- Citizens Capital will handle regulatory approvals from the Securities Board of Nepal and post-issuance activities.
- Maya Khola Hydropower operates a hydropower project in Sankhuwasabha District supplying electricity to Nepal Electricity Authority.
- The right share issuance aims to enhance capital market participation and support future expansion of the company.
