Joshi Hydropower Development Company offers remaining shares for sale after the rights issue, minimum price set at Rs. 100 per share.
Joshi Hydropower Development Company Limited has announced the public auction of approximately 1,89,927 shares, which were left unallocated during the recent rights issue conducted from 15 Shrawan to 19 Bhadra. The company is making these shares available for purchase by the general public through the auction process.
The minimum price per share has been set at Rs. 100. Investors can submit bids for a minimum of 100 shares, in multiples of 10, or for the entire available quantity. The bid submission period starts from 28 Ashoj (Tuesday) and ends on 11 Kartik (Tuesday) at 3:00 PM.
Bid forms will be available at the company’s sales manager, Laxmi Sunrise Capital Limited, located in Kamalpokhari, Kathmandu, as well as at several branches of Laxmi Sunrise Bank, including Biratnagar – Hanumandas Road, Birgunj – Adarshnagar, Hetauda, Pokhara – Nyurud, Butwal – Milan Chowk, Virendranagar – Virendra Chowk, and Dhangadhi – Laxmi Narayan Chowk.
Investors are encouraged to collect the bid forms and submit their offers within the specified deadline to participate in the auction.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
