Kathmandu. Today is the last day to apply for the right shares of Khanikhola Hydropower. The company has opened the issue and sale of the right shares from August 15 and applications can be made till September 30. The company has issued 100 percent of the current paid-up capital of Rs 465.714 million in the ratio of 1:1.
Accordingly, the company has opened a total of 4,657,143 units of right shares worth Rs 465,714,300 with a face value of Rs 100 each.
Shareholders can apply for the right shares from the office of Citizens Capital, the sales manager of the securities, as well as the branches of Citizens Bank at Kumaripati, Thimi, Biratnagar, Birtamode, Birgunj, Surkhet, Janakpur, Nepalgunj, Narayangadh, Dhangadhi, Pokhara and Hetauda.
In addition, applications can be made for the purchase of shares from the C-ASBA system of the banks and financial institutions participating in the ASWA service approved by the Securities Board of Nepal along with Kumari Bank Lalitpur and my share of CDSC.
The company had closed the book on July 15 to issue the right shares. This means that shareholders who have been in office before July 15 will be able to apply for the right shares of this company.
