The company will issue 51,316 units of FPO at a face value of Rs 100. The company is yet to decide the premium.
The company has appointed Nepal SBI Merchant Banking as its issue manager. The companies signed a memorandum of understanding on June 6.
Previously, the companies signed MoU to issue 37,260 FPO, however, the re-agreement is signed due to a change in the number of shares.