Kathmandu. The Securities Board of Nepal (SEBON) has included the right shares of Maya Khola Hydropower in the pipeline.
Maya Khola Hydropower has filed an application with the Securities Board seeking permission to issue right shares. The company has sought permission to issue 100 per cent right shares in the ratio of 1:1 of its current paid-up capital.
If the Securities Board of India (SEBI) allows it, the company will issue rights shares worth Rs 1 billion. According to this, the company will issue a total of 1 crore right shares of face value of Rs 100 to its shareholders.
Citizens Capital has been appointed as the issue manager for the right share issue of Maya Khola Hydropower.
