IME Life New

Tehrathum Power gets 100% rights issue from Securities Board

SPIL
Global College
Nepal Life New

Kathmandu. The Securities Board of Nepal has given permission to Tehrathum Power Company to issue right shares.

The Securities Board of Nepal has allowed Tehrathum Power to bring 100 percent right of paid-up capital in the ratio of 1:1. With this, the company will now issue a total of 4 million units of right shares to its shareholders at a face value of Rs 400 million i.e. Rs 100.

Crest

Nabil Investment Banking is the right share sale manager of the company. After the right sale, the paid-up capital of the company will reach Rs 800 million.

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