Applications for 100 percent rights shares of Buddhabhumi Nepal Hydropower are open from today, until when will existing shareholders be able to apply?

Bajarko Chirfar
Bajarko Chirfar
2082 Chaitra 22
Applications for 100 percent rights shares of Buddhabhumi Nepal Hydropower are open from today, until when will existing shareholders be able to apply?

The company has received approval from the Securities Board of Nepal (SEBON) to issue rights shares at a 1:1 ratio (100%) based on the current paid-up capital of NPR 40 crore. Accordingly, a total of 4 million shares will be issued at a face value of NPR 100 per share.

Investors can apply through banks and financial institutions approved by SEBON, via their designated branches, or through the CDSC “Mero Share” system. The last date for submitting applications is Baisakh 13 B.S. 2083.

NIC Asia Capital has been appointed as the issue and sales manager for this rights share issuance.


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


 

How did you feel after reading this news?

HOMEBIZ SHORTS