Today is the final day for shareholders to apply for Shiva Shree Hydropower Company Limited’s rights shares, issued at a 1:1 ratio with a total value of NPR 147.64 crore.
Rights Share Application Deadline
Today marks the final day to apply for Shiva Shree Hydropower Company Limited’s rights shares. The company had opened the rights share sale for its shareholders from Bhadra 19, 2082, with applications accepted until Ashoj 23, 2082.
Under this rights issue, the company is issuing one new share for every one existing share, equivalent to 100% of the current paid-up capital. A total of 14,764,000 shares with a face value of NPR 100 each are being issued, amounting to NPR 147.64 crore in total.
Book Closure and Eligibility
The company had closed its books on Sawan 16, 2082 for rights share distribution. Only shareholders registered as of Sawan 15, 2082 are eligible to apply.
Application Process
Shareholders can submit applications through the securities sales manager, Citizens Capital, or via selected Citizens Bank branches at Kumaripati, Thimi, Biratnagar, Birtamod, Birgunj, Surkhet, Janakpur, Nepalgunj, Narayangadh, Dhangadhi, Pokhara, Butwal, and Hetauda.
Additionally, applications can be submitted through C-ASBA participating banks and financial institutions approved by the Securities Board of Nepal (SEBON) or via the CDSC ‘Mero Share’ system.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
