People’s Hydropower to issue 100 percent rights shares, receives prior approval from the commission

Bajarko Chirfar
Bajarko Chirfar
2082 Chaitra 10
People’s Hydropower to issue 100 percent rights shares, receives prior approval from the commission

People’s Hydropower Company has obtained pre-approval from the Electricity Regulatory Commission to issue 100% bonus shares and is preparing to submit an application to the Nepal Securities Board (SEBON).

The company plans to issue bonus shares at a 1:1 ratio. During its Annual General Meeting for FY 2081/82, the proposal for a 100% bonus share issuance was approved by the shareholders.

This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.

 

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