Bindhyabasini Hydropower Development Company Limited (BHDCL) is closing the IPO issue for locals of Lamjung and Kaski today, i.e. 27th Baisakh, as the issue has already been oversubscribed. Collection centers will stop taking applications at the end of banking hours.

The company has been issuing 10,00,000 shares at a par value of Rs. 100 per share for the project affected locals from 11th Baisakh, 2079. Locals of wards no. 5, 6, and 7 of Kwhlosothar Rural Municipality in Lamjung and wards no. 8 and 9 of Madi Municipality in Kaski have been allocated with 7 lakh shares. Meanwhile, the remaining 3 lakh shares were for the other residents of Kwhlosothar Municipality and Madi Municipality. The interested locals can…


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