Sanima Mai Hydro Appoints NCM Merchant as Issue Manager

October 26: Sanima Mai Hydropower has appointed NCM Merchant Banking as its issue manager for the issuance of right share. The hydropower is issuing 1:1 (100 percent) right shares to its existing shareholders as per the decision of its 5th annual general meeting (AGM). 

Subarna Das Shrestha, Chief Executive Officer of Sanima Mai Hydropower and Bijay Lal Shrestha, Managing Director of NCM Merchant Banking signed the agreement on behalf of their respective organisation on October 25.