Star Hospital appoints Muktinath Capital as issue manager to float its 40-lakh unit ordinary shares; total paid up to touch Rs 2 Arba mark

Star Hospital has appointed Muktinath Capital as the issue manager for the issuance of its 40-lakh unit ordinary shares to public investors.

The MoU was signed between the CEO of the merchant bank Mr. Kabindra Dhoj Joshi and the Executive Chairman of the hospital Mr.  Kishor Kumar Maharjan amid a program, as per the media statement.

The hospital is floating 40 lakh unit shares worth Rs 40 crore following which the accumulated paid-up value of the hospital will touch Rs 2 Arba enabling it to begin a range of new health services, as per the media statement.