Kathmandu. Dordi Khola Hydropower Company has extended the deadline for submitting bids for undistributed right shares. The company had put on sale about 1.9 million units of undistributed right shares from May 1. Although today is the last day for submission of bids for the shares, the deadline has been extended as there is no application for the purchase of shares.
A total of 10,542,604 units of right shares worth Rs 100 each were put on sale in the company’s paid-up capital ratio of Rs 1:1. A total of 1,946,676 units of shares were put on sale through an auction process.
Of the total shares, 1,285,041 units of shares of the founders’ group and 165,956 units of shares of the general group are on sale. The lock-in of both the groups will end on June 15. Similarly, 495,679 units of shares of the general group have also been put on sale.
Any individual and organization can bid for the purchase of shares in the shares held on sale. Investors can bid for a minimum of 100 units and a maximum of 100 units.
Investors can submit bids at Sanima Capital branches in Naxal, Kathmandu as well as sanima bank branches in Biratnagar, Birtamod, Birgunj, Janakpur, Bharatpur, Hetauda, Pokhara, Butwal, Ghorahi, Nepalgunj, Birendranagar, Dhangadhi, Mahendranagar and Garima Bikas Bank’s Baglung branches.
