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CIT underwrites Rs 107.5m worth of Sabha Pokhari Hydropower shares

B360
B360 April 2, 2025, 3:22 pm
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KATHMANDU: Citizen Investment Trust (CIT) on Wednesday signed an agreement with Sabha Pokhari Hydropower to underwrite its shares.

The agreement was signed by Shova Shrestha, Acting Deputy Executive Director of CIT, and Shree Ram Devkota, Managing Director of Sabha Pokhari Hydropower.

Under the agreement, CIT will underwrite 1,075,000 unit shares of Sabha Pokhari Hydropower, amounting to Rs 107.5 million. The shares are priced at Rs 100 each.
 

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