Ganga Health Care Industries to Issue Shares to the Public

Ganga Health Care Industries Limited, a small to medium-sized company, has announced its plan to issue ordinary shares to the general public through an Initial Public Offering (IPO). The company is moving forward with this process in accordance with the "Securities Issuance and Trading Guidelines for Small and Medium-Sized Organized Entities, 2024" issued by the Securities Board of Nepal.

Appointment of Sales and Issue Manager

For this purpose, the company has appointed Muktinath Capital Limited as the manager for the issuance and sale of the securities. The agreement for appointing the sales manager was signed by the Chairman of Ganga Health Care Industries, Suraj Prasad Khatri, and the Chief Executive Officer of Muktinath Capital, Kabindra Dhwaj Joshi.

Details of the Share Offering

The company has stated that it will offer thirty percent of its issued capital for sale to the general public. This move is part of the company's strategy to raise capital from public investors.