Kathmandu. Rapti Hydro and General Construction Limited is going to issue right shares to its shareholders from Today. The company is issuing 100 percent right shares in the ratio of 1:1 of the current paid-up capital of Rs 612.79 million.
Accordingly, the company will issue a total of 6,127,938 units of right shares at a face value of Rs 100 each worth Rs 612,793,800.
The shareholders of the company can apply for the purchase till July 30. Investors can apply from the banks and financial institutions participating in the ASBA service approved by the Securities Board of Nepal and their designated branches as well as my share of CDSC.
The company had closed the book on May 15 to issue the right shares. This means that the shareholders will be able to fill the right shares of this company till May 30.
After the right sale, the paid-up capital of the company will reach Rs 1.22 billion. Muktinath Capital is the right share sale manager of the company.
