Buddha Bhumi Nepal Hydropower Company Limited has decided to close its books on Falgun 1, 2082 B.S. for its upcoming rights share issuance. Accordingly, only shareholders recorded in the company’s books up to Magh 29, 2082 B.S. will be eligible to apply for the rights shares.
The Securities Board of Nepal (SEBON) granted the company approval for the rights issue on Magh 21, 2082 B.S. The company had submitted its application to SEBON on Falgun 12, 2082 B.S.
The company has received approval to issue rights shares equal to 100% of its current paid-up capital at a 1:1 ratio. Under this plan, a total of 40 lakh shares worth NPR 40 crore will be issued. NIC Asia Capital Limited has been appointed as the issue and sale manager for the rights shares.
Ending Line: This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
