Vijaya Laghubitta Bittiya Sanstha Limited has received approval from the Securities Board of Nepal (SEBON) to issue a Further Public Offering (FPO).
The microfinance institution has been permitted to issue 466,817 units of FPO shares at a par value of Rs 100 per share.
NMB Capital Limited will serve as the issue manager for the offering.
With this approval, the company will now proceed toward the issuance process as per regulatory guidelines.