Kathmandu. Today is the last day to apply for the right shares of Chyangdi Hydropower.
Chyangdi Hydropower had opened the sale of 100 per cent right shares to its shareholders from June 1. There was a provision to apply for this right till June 15. However, as the application was not received as per the demand, the right shares have now been opened for sale till July 30.
The company has opened the right share sale in the ratio of 1:1 with a paid-up capital of Rs 386.97 million. Accordingly, the company issued a total of 3,869,775 units of right shares at a face value of Rs 100 each.
In this right of the company, shareholders can apply online from the banks and financial institutions participating in the ASWA service licensed by the Securities Board of Nepal and their designated branches and from my share of CDSC.
The company had decided to close the book on May 14 for the purpose of issuing right shares. This means that only the shareholders who have been retained till May 15 will be able to apply for the purchase of the right shares of this company.
After the sale of the right shares, the paid-up capital of the company will reach Rs 773.95 million. Global IME Capital is the sales manager of this right share.
