Sanima Middle Tamor Closing the IPO Issue for Project Affected Locals from 19th of Magh
From 19th Magh of 2079, Sanima Middle Tamor Hydropower Limited will no longer accept applications from residents who would be harmed by the project.
From 19th Magh of 2079, Sanima Middle Tamor Hydropower Limited will no longer accept applications from residents who would be harmed by the project.
The company’s issue capital is Rs. 3.33 Arba, of 10%, or 33,32,500 unit shares. Worth Rs. 10 crores distribute to residents of Taplejung District who will impact by the project. A later date will see the issuance of 49,98,750 unit shares, representing 15% of the company’s outstanding capital
The project-affected residents of Taplejung District as well as Nepalese nationals working overseas have received an offer letter from Sanima Middle Tamor Hydropower Limited to participate in an Initial Public Offering (IPO).