IPO of Madhya Bhotekoshi Get Postponed due to Lockdown in Sindhupalchowk

May 06, 2021 03:27 PM Merolagani

The initial public offering (IPO) of Madhya Bhotekoshi has been postponed due to lockdown imposed in Sindhupalchowk.

As per Ram Gopal Siwakoti, CEO of Madhya Bhotekoshi Hydropower, the IPO issue has been postponed because of the lockdown in the local area. He said that the recent development took place only after informing Securities Board of Nepal (SEBON).

The company will open the issue once the lockdown is released, said Siwakoti.

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