The company is issuing 10 percent i.e. 6,842,100 units of shares to the locals of affected area. The locals of ward no 1 Thuman and ward no 2 Timere of Goshaikunda area, Goljung ward no 4 and Chilime ward no 5 of Aamachodingmo Ruralmunicipality and remaining wards of Gosaikunda Ruralmunicpality, ward no 4 Langtang, ward no 5 Syafrubesi and ward no 6 Thunche as well as all locals of affected area from the district.
As per the company, the shares will be allocated as per the ratio of 4.5, 1.5 and 1 ratio to most affected area, affected area and normal affected areas.
The issue will close early on July 11 and lately on July 26. The interested investors can apply from all C-ASBA approved BFIs.
The company has appointed Siddhartha Capital as its issue manager along with NIBL Ace Capital, Global IME Capital and Sunrise Capital as co-issue manager. The interested investors can apply for a minimum of 10 and maximum of 700 units.
