Joshi Hydropower Development Company Limited has launched the sale of unsubscribed rights shares through a public auction starting today, Asoj 28, 2082. Earlier, the company had opened the rights share sale from Saun 15 to Bhadra 19, 2082. During that period, applications were not received for 189,927 shares reserved for the general public, which are now being offered through a confidential sealed-bid auction.
The remaining shares are being offered at a minimum bid price of Rs. 100 per share. Interested applicants can bid for a minimum of 100 shares, up to 10% of the remaining shares, or for the entire available quantity. The auction will remain open from Asoj 28 (Tuesday) until Kartik 11, 2082 (Tuesday) at 3:00 PM.
Bid forms are available from the company’s sales manager, Laxmi Sunrise Capital Limited, Kamalpokhari, Kathmandu, and at several Laxmi Sunrise Bank branches, including Biratnagar (Hanumandas Road), Birgunj (Adarshanagar), Hetauda, Pokhara (Newroad), Butwal (Milan Chowk), Birendranagar (Birendra Chowk), and Dhangadhi (Laxminarayan Chowk).
The auction is open to all interested parties, including promoters, the general public, and institutions.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
