Brahma Jyoti Holdings Accelerates IPO Plan, Signs Credit Rating Agreement with CARE Ratings Nepal
Summary
Brahma Jyoti Holdings Limited has signed a credit rating agreement with CARE Ratings Nepal as it prepares to issue 1.4 million shares in its upcoming IPO, moving closer to public listing.
Key Points
- Brahma Jyoti Holdings Limited signed a formal credit rating agreement with CARE Ratings Nepal.
- The company has appointed Prabhu Capital Limited as the issue and sales manager for its IPO.
- Brahma Jyoti Holdings plans to issue 1.4 million ordinary shares, representing 20% of its issued capital.
- The agreement with CARE Ratings Nepal is a key step towards applying for IPO approval from SEBON.
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