The company is issuing 10 percent i.e. 6,842,100 units of shares to the locals of affected area from June 27. 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 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.
