Kathmandu. Today is the last day to secure 100 percent right shares of Shivashree Hydropower. The company is closing the book for one day tomorrow i.e. July 15 for the purpose of issuing right shares. According to this, the shareholders who have been traded in NEPSE till today can apply for the right shares of the company.
The Securities Board of Nepal (SEBI) on July 17 allowed the company to issue right shares in the ratio of 1:1, i.e. 100 percent of the current paid-up capital. The company will now issue rights shares worth Rs 1.47 billion to its shareholders.
The company will sell a total of 14.76 million units of shares at a face value of Rs 100 each. Citizens Capital is the right share sale manager of the company.
