Tehrathum Power Company Limited is issuing 40 lakh rights shares on a 1:1 ratio starting Asar 16. Only shareholders registered till Jestha 4 are eligible to apply.
Tehrathum Power Company Limited has announced that it will issue 100% rights shares starting from Asar 16, offering shares at the ratio of 1:1, meaning one rights share for every share held. A total of 40 lakh shares will be issued at a face value of NPR 100 per share.
The company had conducted its book closure on Jestha 5, which means only shareholders who were registered till Jestha 4 will be eligible to apply for the rights shares.
The application deadline for the rights issue is set for Saun 4. The issue and sales management will be handled by Nabil Investment Banking Limited.
Eligible investors can apply from the Naxal office of Nabil Investment Banking, Nabil Bank’s branches in Chhathar, Myanglung, Phedap, and Sankranti Bazaar in Tehrathum, as well as from Kumari Bank’s Menchhayayem branch. Applications can also be submitted through the designated branches of banks and financial institutions participating in ASBA services approved by the Securities Board of Nepal (SEBON).
This article was originally published on bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
