Universal Power Company Limited has decided to issue rights shares equal to 100% of its paid-up capital. The company has appointed Muktinath Capital Limited as the issue and sales manager for this purpose.
The decision follows the company’s annual general meeting held on Poush 30, 2082, where shareholders approved the issuance of rights shares at a 1:1 ratio against the existing paid-up capital of NPR 2,48,51,236.182.
Subsequently, an agreement has been signed between Universal Power Company and Muktinath Capital Limited to proceed with the issuance of the rights shares and to formalize the role of the manager for the issuance and sale process.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
