Kathmandu. Barun Hydropower Company is going to open the issue and sale of right shares from June 15. The company is issuing 100 percent of the current paid-up capital i.e. the right shares in the ratio of 1 unit of new shares equivalent to the existing one unit share. Accordingly, the company will issue 5,358,150 units of right shares with a face value of Rs 100 per share worth Rs 535.81 million.
The company had closed the book for the purpose of issuing the right shares on June 15. According to this, the shareholders who have been traded in NEPSE till June 15 can apply for the right shares. Applications can be made for the right shares of the company till July 30.
