Machhapuchchhre Capital Appointed as Issue Manager for Supermai Hydropower's Right Share
Summary
Machhapuchchhre Capital Limited has been appointed as the issue and sales manager for the Rs. 64.20 crore rights share issuance of Supermai Hydropower Limited.
Key Points
- Machhapuchchhre Capital Limited appointed as issue and sales manager for Supermai Hydropower's rights share issuance.
- Supermai Hydropower Limited is issuing 64,20,000 shares at a face value of Rs. 100 each in a 1:1 ratio to existing shareholders.
- Rights share issuance worth Rs. 64.20 crore follows a prior distribution of 20% bonus shares.
- Machhapuchchhre Capital provides merchant banking services and is a subsidiary of Machhapuchchhre Bank Limited.