Rapti Hydro and General Construction Limited is going to issue 100% right shares starting from Asar 1 (Sunday). This means existing shareholders can buy one new share for every share they already own, at a price of Rs. 100 per share.
The company will issue a total of 61,27,938 right shares under the 1:1 ratio.
To be eligible for the right shares, investors had to own the shares by Jestha 5, as the book closure was done on Jestha 6. Only shareholders recorded before the book closure date can apply for these shares.
Investors can apply for the right shares through banks and financial institutions that are approved by the Securities Board of Nepal (SEBON) for the ASBA system, or through the Mero Share online platform.
The last date to apply for the right shares is Asar 22.
