The Investment Board has given approval to the multinational company Dabur Nepal to
increase its capital.
The 49th meeting of the board held on Tuesday decided to allow an additional capital of Rs 9.68 billion, said Sushil Bhatta, chief executive officer of the board.
Of the additional capital sanctioned, Rs 1 billion is loan investment, Bhatta said. ”The company’s proposal to diversify production and increase exports by 60 percent has been approved,” Chief Executive Officer Bhatta told News channels. He said that approval has been given to Dabur to add capital as reinvestment.
By Karuna Thapa
