Joshi Hydropower Development Company Limited is set to issue 65% right shares starting Shrawan 15. The company will offer a total of 24,14,100 units at a face value of Rs. 100 per share to existing shareholders in a 1:0.65 ratio.
The book closure date was Asar 8, meaning only shareholders registered by Asar 7 are eligible to apply. The application deadline is set for Bhadra 4.
Laxmi Sunrise Capital Limited is managing the issuance. The company’s current paid-up capital of Rs. 371.4 million will increase to Rs. 612.81 million after the issuance.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
