River Falls IPO open for project-affected

River Falls IPO open for project-affected

By Karuna Thapa

Kathmandu, April 10

For people affected by the project, River Falls Power Limited has conducted an initial public
offering (IPO).

Since Sunday, the business has been issuing and selling ordinary shares to residents of
Sankhuwasabha, a project-affected region.

The firm has announced that it has issued and sold 700,000 shares to locals, each having a face value of Rs 100.

According to the company’s public information, the applicant can apply for a purchase of 10 shares up to a total of one lakh shares.

The firm has announced that applications for the purchase of expelled shares can be made until April 24, and that if the application is not received by that date, the issue will remain available until April 29.

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