Kathmandu. Four days are left to apply for the right share of Dordi Khola Hydropower Limited. The company has opened the issue and sale from March 15 and applications can be made till April 15.
The company has issued 100 percent of the current paid-up capital i.e. the right shares in the ratio of one new unit equal to the existing one unit share.
The company has issued 10,542,604 units of right shares with a face value of Rs 100 per share worth Rs 1.54 billion.
The company had closed the book for the purpose of issuing the right shares on March 15. According to this, the shareholders who have been traded in NEPSE till March 30 can apply for the right shares.
ICRA Nepal has given icra AP Issuer Rating B+ to the company in the rating made for the right issue. This indicates that there is a high risk in the ability to bear financial obligations on time.
Sanima Capital Limited is the issue manager of the company. Investors can apply from Sanima Bank’s Biratnagar, Birgunj, Pokhara, Rupandehi, Banke, Surkhet, Dhangadhi and Lamjung branches.
Similarly, banks and financial institutions participating in the ASWA service and their designated branch offices and cds and clearing limited can apply online using the software ‘Mero Share’ online after obtaining permission from the Securities Board of Nepal.
