City Hotel Limited shareholders have until today, Shrawan 26, 2082, to secure eligibility for the company’s 80% rights share issuance. The company has set the book closure date for Shrawan 27, 2082, meaning only shareholders registered by today will be eligible to apply for the rights shares.
City Hotel Limited plans to issue rights shares at the rate of 80% of its current paid-up capital. A total of 1,33,92,000 shares will be issued at a par value of Rs. 100 per share, amounting to Rs. 1 arba 33 crore 92 lakh. The Securities Board of Nepal (SEBON) granted approval for the issuance on Shrawan 4, 2082.
The rights issue is being managed by Prabhu Capital Limited.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
