The deadline to secure the 65% rights shares of Joshi Hydropower Development Company Limited is Asar 5, 2082. The company will close its book for the rights issue on Asar 8. Since NEPSE will remain closed on Asar 6 (Friday) and Asar 7 (Saturday), only shareholders listed by Asar 5 will be eligible to apply for the rights shares.
Joshi Hydropower plans to issue rights shares in a 1:0.65 ratio based on its existing paid-up capital. A total of 2,414,000 shares will be issued at a face value of Rs. 100 per share. Laxmi Sunrise Capital Limited has been appointed as the issue manager for this offering.
This article was originally published on bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
