Super Hewa Power Appoints Muktinath Capital as Issue Manager for Public Share Offering
Summary
Super Hewa Power Company Limited has appointed Muktinath Capital Limited as the issue manager for its public share offering of 1,925,000 shares worth Rs. 19.25 crores, developing a 6 MW hydropower project in Sankhuwasabha.
Key Points
- Super Hewa Power Company Limited signed an agreement with Muktinath Capital Limited to manage underwriting of its public share issuance.
- Muktinath Capital will handle guarantee management for 1,925,000 ordinary shares worth Rs. 19.25 crores.
- The shares are issued to the general public.
- Super Hewa Power is developing a 6 MW hydropower project in Chainpur Municipality–4, Sankhuwasabha district, utilizing the Hewa River water resources.