Right Alert! Issue of 1:1 Right Shares of Buddha Bhumi Nepal Hydropower Opening from Today
Summary
Buddha Bhumi Nepal Hydropower has opened the issuance of 100% rights shares worth Rs. 40 Crores from 22nd Chaitra to 13th Baisakh 2083, aiming to double its paid-up capital to Rs. 80 Crores.
Key Points
- Buddha Bhumi Nepal Hydropower Company Limited is issuing 100% rights shares starting from 22nd Chaitra to 13th Baisakh, 2083.
- The rights shares worth Rs. 40 Crores will consist of 40 lakh units offered at a ratio of 1:1 to existing shareholders.
- The company's paid-up capital will increase from Rs. 40 Crores to Rs. 80 Crores after the issue.
- NIC Asia Capital Limited has been appointed as the issue manager and the book closure date was 1st Falgun, 2082.
