Deadline Extended for 1: 1 Right Offering of Buddha Bhumi Nepal Hydropower Company Limited

Summary

Buddha Bhumi Nepal Hydropower Company Limited has extended the deadline for its rights offering to 28th Baishakh, 2083, aiming to raise Rs. 40 Crores by issuing 40 lakh right shares 1:1 to existing shareholders.

Key Points
  • Buddha Bhumi Nepal Hydropower Company Limited extended its rights offering deadline to 28th Baishakh, 2083.
  • The company plans to issue 40 lakh right shares worth Rs. 40 Crores to existing shareholders, doubling its paid-up capital from Rs. 40 Crores to Rs. 80 Crores.
  • As of now, 36,518 applicants have applied for 14,50,271 units of right shares valued at Rs. 14.50 Crores.
  • NIC Asia Capital Limited is the appointed issue manager for this rights offering.
Article image