Chhyangdi Hydropower Limited has extended the deadline to apply for its 1:1 rights share issuance until Asar 27.
Chhyangdi Hydropower Limited has extended the application deadline for its 1:1 rights share issuance until Asar 27. The rights offering was initially opened on Jestha 23, allowing existing shareholders to apply for 100% rights shares based on their current holdings.
Under this issuance, the company is offering a total of 38,69,775 shares, equivalent to a total value of Rs. 38 crore 69 lakh 77 thousand 5 hundred. The rights issue is being managed by Global IME Capital Limited as the issue manager.
The book closure date for determining eligible shareholders was set for Jestha 2. Accordingly, only shareholders who held shares until Jestha 1 are eligible to apply. The rights issuance was approved by the Securities Board of Nepal (SEBON) on Baisakh 12.
This article was originally published on bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
