Himalayan Power Partner Limited has set the book closure date for its 50% rights share issuance.
The company’s board of directors, in a meeting on Falgun 28, decided to close the books for one day on Chaitra 10. Based on this, only shareholders registered by Chaitra 9 will be eligible to apply for the rights shares.
The exact date for the rights share issuance is yet to be announced. Earlier, the company received approval from the Securities Board of Nepal (SEBON) on Falgun 25 for the rights issue. On Asar 24, the company had applied to issue 53,27,850 shares worth Rs. 53.27 crore at a 1:0.5 ratio to existing shareholders.
The rights share issuance and management will be handled by Global IME Capital Limited.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
