KATHMANDU, Nov 28: Bhujung Hydropower has obtained approval from the Securities Board of Nepal (SEBON) to issue an Initial Public Offering (IPO). The approval was granted on Thursday.
The company plans to issue 2 million shares, equivalent to Rs 20 million, representing 20 percent of its paid-up capital. Bhujung Hydropower has a total paid-up capital of Rs 1 billion.
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