Radhi Hydropower Company Limited has decided to sell 1.29 million founder shares of Rapti Hydro and General Construction Limited following the end of the lock-in period.
Radhi Hydropower Company Limited’s Board of Directors, in a meeting held on Asar 24, approved the sale of 12,90,000 founder shares of Rapti Hydro and General Construction Limited owned by Radhi.
The company has published a public notice about the share sale in accordance with Section 11 of the Public Issue Pre-Approval and Regulatory Directive, 2078. The lock-in period for the founder shares of Rapti Hydro is set to expire on Sawan 8, 2082. Following the expiration, Radhi Hydropower is preparing to proceed with the share sale process.
Previously, Radhi had sold 1,644,888 founder shares of Dordi Khola Hydropower Company. The sale of Dordi Khola shares under Radhi’s ownership was completed on Asar 8.
This article was originally published on https://bajarkochirfar.com
Translated with the help of AI and reviewed by our editorial team.
