Annapurna Machha Dana Udhyog Appoints Laxmi Sunrise Capital for Public Share Issuance
Summary
Annapurna Machha Dana Udhyog Limited has appointed Laxmi Sunrise Capital Limited to manage the issuance and sale of over one million shares, aiming to raise Rs. 10.09 crore from the public.
Key Points
- Annapurna Machha Dana Udhyog Limited appointed Laxmi Sunrise Capital Limited as issue and sales manager for public share issuance.
- The company plans to offer 1,009,531 ordinary shares at Rs. 100 each to raise Rs. 10.09 crore.
- Annapurna Machha Dana Udhyog is a leading fish feed producer in Nepal using European technology.
- Strategic institutional investment of Rs. 216.8 million has bolstered governance, expansion, and reduced import dependency.
