Siuri Nyadi Power Limited has been actively involved in the construction of a 40.27-megawatt Super Hydropower Project in Lamjung district.
The company is currently working on the construction of a 5-MW Rukumgadh Hydropower Project.
To meet the increased capital requirement, these companies may explore options such as issuing rights shares and distributing bonus shares, among other alternatives.
A total of 29 companies made positive changes while 215 companies declined on their rate. 3 companies were unchanged.
5,340 applicants were allotted company shares through the IPO at a rate of 50 shares per person.
As of Poush, the company's capital is Rs. 68.75 Crores, with an E.P.S of Rs. 13.40 and a net worth of Rs. 97.23.
The Nepal Stock Exchange (NEPSE) Index has a gain of 14.88 points, or 0.70 %, over the previous day's closing to conclude at 2,119.61 points.
The distribution of dividends is subject to approval from the Nepal Rastra Bank, and once approved, the company will proceed with the distribution after the upcoming annual general meeting.
As of the end of Poush, the company's equity capital is Rs 1.35 Arba.
The company specializes in the production of plastic materials such as CPVC/UPVC pipes and fittings, plastic furniture, plastic water tanks, and various household and industrial plastic products.
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