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ICT Frame | Tech News, Reviews & Digital Updates from Nepal Peoples' Review
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Started 1 week ago · Updated 1 week ago

Taksar Pikhuwa Khola Hydropower Completes IPO Share Allotment; Neco Insurance Issues Claim Settlement Notice

Photo · ictframe.com

Taksar Pikhuwa Khola Hydropower Limited has finalized its Initial Public Offering share allotment process, with Prabhu Capital Limited managing the distribution. Meanwhile, Neco Insurance Limited has issued a 35-day notice for claimants to submit pending documentation for settlement, citing administrative delays.

  • Taksar Pikhuwa Khola Hydropower Limited offered 2,515,455 ordinary shares with a nominal face value of NPR 100 each.
  • The public offering for Taksar Pikhuwa Khola Hydropower Limited was oversubscribed, receiving 2,771,252 valid applications.
  • Neco Insurance Limited's notice requires claimants to submit missing documents by Jestha 6, 2083, to avoid permanent claim file closure.
  • Nepal's public debt has reached nearly Rs 30 trillion, with an increase of Rs 532.91 billion in the first 10 months of the current fiscal year.

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Public Debt Management Office Taksar Pikhuwa Khola Hydropower Limited Neco Insurance Limited Prabhu Capital Limited

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