Rapti Hydro & General Construction has extended the application deadline for its 1:1 rights share issue, now allowing eligible shareholders to apply until Asar 24 instead of the previously announced Asar 22.
Rapti Hydro & General Construction Limited has announced an extension of the application period for its ongoing rights share issuance. Initially scheduled to close on Asar 22, shareholders can now submit their applications until Asar 24.
The company is issuing 100% rights shares at a 1:1 ratio based on its current paid-up capital of Rs. 61 crore 27 lakh 93 thousand 800. Accordingly, a total of 61,27,938 shares are being issued at a par value of Rs. 100 per share.
Only shareholders who were registered as of Jestha 5 are eligible to apply, as the book closure date was set for Jestha 6. Applications can be submitted through C-ASBA-approved banks and financial institutions and their branches, or via the CDSC’s ‘Mero Share’ online platform.
Upon completion of the rights share allotment, the company’s paid-up capital will double, reaching Rs. 1 arba 22 crore 55 lakh 87 thousand 600.
Muktinath Capital Limited is serving as the issue manager for this rights offering.
This article was originally published on https://bajarkochirfar.com Translated with the help of AI and reviewed by our editorial team.
