Kathmandu. The Securities Board of Nepal (SEBI) has given permission to Sagar Distillery to issue ordinary shares (IPO) in the production and processing group.
For the first time, the board has given permission to the company to issue an IPO after the start of the current financial year.
The board has given permission to the company to issue 1.452 million units of ordinary shares worth Rs 145.2 million at the rate of Rs 100 per share.
Muktinath Capital is the sales manager of the company.
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