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SEBON’s Stricter Rules for Hydropower Companies: Enhancing Governance and Share Sale Protocols

 

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.

 

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