The Securities Board of Nepal (SEBON) is looking to make important changes to the rules governing hydropower companies, especially regarding the issuance of Initial Public Offerings (IPOs) and right shares. These changes will involve updates to the regulations related to registering and removing hydropower companies.
Hydropower companies often raise capital by selling shares to the public. However, concerns have arisen when these companies prioritize profits over their intended goals. To address this, SEBON is thinking about introducing new provisions to ensure that the registration and removal of hydropower companies are more organized and transparent.
Highlights:
- SEBON Grants IPO Approval to Five Companies, Including Two Life Insurance, Two Hydropower, and One Investment Sector Firm.
- SEBON Adds Six New IPO Proposals to Pipeline, Featuring Hydropower, Other, and Manufacturing Sectors
- Solu Hydropower and Taksar Pikhuwa Khola Hydropower Seek Approval for IPOs in Nepal
- SEBON Approves IPOs for Chirkhwa Hydropower and Mathillo Mailun Khola Jalvidhyut
- SEBON Approves Inclusion of Sarbottam Cement’s IPO in Pipeline, Sets Stage for Rs. 1.29 Arba Offering