Machhapuchchhre Capital to Manage Share Registrar Services for Upper Syange Hydropower
Mon, Jul 7, 2025 10:41 AM on Latest, IPO/FPO News, Corporate,
Machhapuchchhre Capital Limited and Upper Syange Hydropower Limited have signed an agreement on Ashadh 22, 2082 BS (July 6, 2025), under which Machhapuchchhre Capital will provide complete share registrar services for the hydropower company. These services include managing securities transactions, share transfers, pledging, and updating shareholder information.
Machhapuchchhre Capital, a leading merchant banker and subsidiary of Machhapuchchhre Bank, offers a wide range of financial services, including portfolio management, mutual funds, underwriting, and advisory services. Upper Syange Hydropower, operating a 2.4 MW plant in Lamjung’s Annapurna Conservation Area, recently raised NPR 5.39 crore through an oversubscribed IPO and has a paid-up capital of NPR 22 crore.