After the first phase issuance to employees of EPF, employees of promoter companies and contributors of EPF, the company will issue the shares to locals of the affected area in the second phase and to general shareholders in the final phase.
As the company is set to issue the general share within next few days and Dmat account being the base of the share investment, the company urged its potential investors to open the Demat account.
In the first phase, the company will issue one percent shares to employees of EPF, 3.5 percent to employees of promoter companies and 19.50 percent shares to contributors of EPF.
Sanjen has appointed Citizen Investment Trust as its issue manager under which NCM Merchant Banking, Civil Capital Market, Prabhu Capital, NMB Capital and Global IME will jointly manage the issue.
Sanjen is developing 42.5MW Sanjen Hydroelectric Project and 14.8MW Upper Sanjen Hydroelectric Project in Rasuwa district.
