Upper Lohore Khola Hydropower Appoints NIC Asia Capital as Issue and Sales Manager for Rights Share Issuance
Summary
Upper Lohore Khola Hydropower Company Limited has appointed NIC Asia Capital Limited as the issue and sales manager for issuing right shares worth Rs. 76.47 crore.
Key Points
- Upper Lohore Khola Hydropower Company Limited will issue 76,47,060 right shares at a face value of Rs. 100 each.
- The company plans to raise Rs. 76.47 crore through the rights share issuance (1:1.5 ratio).
- NIC Asia Capital Limited has been appointed as the issue and sales manager for this share issuance.
- The agreement was signed by ULHC CEO Sadichchha Karki and NIC Asia Capital CEO Ramendra Rayamajhi.
