Kathmandu. Tehrathum Power Company Limited is going to sell its right shares through an auction process from August 15. The company is going to auction the shares that have not been applied for the right shares issued in the ratio of 1 to 1 from July 1to July 30.
The company is going to sell 418,738 units of undistributed right shares of the general group. A sealed bid has to be submitted for the purchase of the shares from August 15 to August 15.
The minimum price of the shares has been fixed at Rs 100. Investors will have to submit a sealed bid with a price of that or more. Investors will have to apply for a minimum of 100 units and there is no limit for the maximum number of shares.
Nabil Investment Banking Limited is the issue manager of the company. Investors can apply from Nabil Bank’s biratnagar, Birtamod, Birgunj, Hetauda, Jawalakhel, Suryabinayak, Pokhara, Butwal, Nepalgunj, Surkhet and Dhangadhi branch offices.
