Kathmandu. Chyangdi Hydropower limited is issuing 100 percent right shares to its shareholders from June 1.
The company has issued a notification today fixing the date for the issue of right shares. The company will now open the right share sale in the ratio of 1:1 with a paid-up capital of Rs 386.97 million. Accordingly, the company will issue a total of 3,869,775 units of right shares at a face value of Rs 100 each.
In this right of the company, investors can apply online from the banks and financial institutions participating in the ASWA service approved by the Securities Board of Nepal and their designated branches and from my share of CDSC.
Investors will be able to apply for this right share till July 15. 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.
Global IME Capital is the right share sale manager of the company. After the sale of the right shares, the paid-up capital of the company will reach Rs 773.95 million.
