Sahas Urja Energy Limited has received prior consent from the Electricity Regulatory Commission to issue rights shares, according to the Commission’s decision on Chaitra 12. The company currently has a paid-up capital of NPR 4.57 billion and plans to issue rights shares equivalent to its full paid-up capital.
The company has submitted an application to the Nepal Securities Board seeking approval to issue the rights shares. Upon approval, Sahas Urja will issue a total of 45,738,000 shares at a face value of NPR 100 per share to its existing shareholders.
NIMB S Capital has been appointed as the sales manager for the rights share issuance.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
