“Upper Lohore Hydropower Allots Shares to Dailekh Locals; 59.45% Unsubscribed”

Upper Lohore Hydropower Company Limited has successfully allotted IPO shares to project-affected local residents in the Dailekh District. The allotment process was concluded on the 10th of Shrawan, 2080. The company had issued 509,804 units of IPO shares, which represent 10% of the total issued capital of Rs. 50.98 Crores. Local residents from the Dailekh District were eligible to apply for these shares between 7th Ashad and 5th Shrawan. They had the option to apply for a minimum of 10 units and a maximum of 25,000 units.