Yambaling Hydropower Limited's IPO; Deadline Extended for Project Affected Locals Till Baishakh 07
Summary
Yambaling Hydropower Limited has extended its IPO deadline for project-affected locals of Sindhupalchowk until Baishakh 07, 2083, offering shares to locals, general public, and Nepali citizens abroad.
Key Points
- Yambaling Hydropower Limited extended the IPO deadline for project-affected locals in Sindhupalchowk to Baishakh 07, 2083.
- The company's issued capital is Rs. 70 Crores, with 40% (28 lakh shares) available to the public.
- Out of the public offering, 10% is allocated to project-affected locals, and 10% of general public shares are for Nepali citizens abroad.
- Yambaling Hydropower operates a 7.27 MW run-of-river hydropower project that began commercial operation in February 2024.
