Upper Tamakoshi Facilitate Dolakha Residents to apply for IPO with Birth Certificate

Aug 24, 2018 Merolagani

Dolakha residents aged 20 years can now apply for IPO of Upper Tamakoshi with their birth certificate. Upper Tamakoshi Hydro Power, promoter of Upper Tamakoshi Hydropower Project has provided the facility to those youngsters between ages 16-20 who do have birth certificate but not citizenship due to various reasons. The youngster can apply for the shares under guardianship of their mother or father.  

The decision was already okayed by the promoter, however, the decision was previously stalled by application collector BFIs with a provision of compulsory citizenship above 16 years of age.

While applying for the IPO with birth certificate, applicants must attach citizenship copy of either mother or father.

Upper Tamakoshi Hydropower is issuing 10,590,000 units of shares to locals of the affected area from August 1.  The locals of affected area of Dolakha can apply for IPO from Dolakha till August 30

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