Tehrathum Power Company Limited has opened applications for its 100% rights share issue starting Asar 16. Only shareholders recorded by Jestha 4 are eligible to apply.
Tehrathum Power Company Limited has officially opened the sale of its 100% rights shares from today, Asar 16. The company is issuing a total of 40 lakh shares at a ratio of 1:1, meaning one rights share for every share held. The total value of the issuance is NPR 40 crore, based on a face value of NPR 100 per share.
The application period will remain open until Saun 4. As the company had set its book closure date on Jestha 5, only those shareholders who were registered by Jestha 4 are eligible to apply for the rights shares.
The Securities Board of Nepal (SEBON) had granted approval for this rights issue on Baisakh 19. Nabil Investment Banking Limited is managing the issuance and sales of the rights shares.
Interested shareholders can apply through Nabil Investment Banking and other designated financial institutions that offer ASBA services.
This article was originally published on bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
