Khani Khola Hydropower Company has completed the allocation of unsubscribed rights shares offered through auction from Kartik 12–19.
Khani Khola Hydropower Company Limited has completed the allocation of 4,59,349 unsubscribed rights shares offered to the public through a sealed-bid auction conducted between Kartik 12 and 19. The allocation process was finalized on Kartik 27, following the submission of bids.
The cut-off price for the allocation was set at Rs 210 per share. Applicants who submitted bids at this price were allotted shares proportionally based on the relative weight of their applications.
The company has also stated that applicants who did not receive shares will have their application amounts refunded to their respective bank accounts starting Mangsir 1.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
