• BIZ BRIEFS
KATHMANDU: An agreement has been reached between Global Hydropower Associates Ltd (GHAL) and Mega Capital Markets Ltd and Nepal SBI Merchant Banking Ltd for underwriting services of 58,60,000 ordinary shares of GHAL at Rs 100 per share, totalling Rs 586 million.
Amidst a programme, GHAL Chairman Motilal Dugad, Acting Chief Executive Officer of Mega Capital Markets Shulabh Shrestha, and Chief Executive Officer of Nepal SBI Merchant Banking Dev Raj Adhikari, signed the agreement on behalf of their respective organisations, as per a press statement.
A version of this article appears in the print on April 5, 2023, of The Himalayan Times.