Tehrathum Power Company Limited will auction its unsubscribed right shares, allowing the general public to purchase shares starting from Shrawan 27 at a minimum price of Rs. 100 per share.
Tehrathum Power Company Limited had issued right shares on a 1:1 ratio from Asar 16 to Shrawan 11, 2082. However, 4,18,738 shares remained unsubscribed during this period. The company has now decided to sell these remaining right shares through an auction process open to the general public.
Interested investors can submit sealed bids from Shrawan 27 to Bhadra 3, 2082. The minimum bid price is set at Rs. 100 per share, but investors can offer higher prices if they wish. A minimum application of 100 shares is required, while there is no upper limit on the number of shares an investor can bid for.
Nabil Investment Banking Limited has been appointed as the issue and sales manager for this auction.
Applications can be submitted at Nabil Investment Banking Limited offices or at selected branches of Nabil Bank located in Biratnagar, Birtamod, Birgunj, Hetauda, Jawalakhel, Suryabinayak, Pokhara, Butwal, Nepalgunj, Surkhet, and Dhangadhi. Both individuals and companies are eligible to apply for the shares.
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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