Buddha Bhumi Nepal Hydropower Company Limited Closing Issue of 1: 1 Right Shares from Today

Summary

Buddha Bhumi Nepal Hydropower Company Limited is closing its 1:1 rights share offering today, which aims to raise Rs. 40 Crores and increase its paid-up capital to Rs. 80 Crores.

Key Points
  • Buddha Bhumi Nepal Hydropower Company Limited is closing its rights offering today (28th Baishakh, 2083).
  • The company is issuing 40 lakh units of 1:1 right shares worth Rs. 40 Crores to existing shareholders.
  • After the issue, the company's paid-up capital will double from Rs. 40 Crores to Rs. 80 Crores.
  • NIC Asia Capital Limited is the appointed issue manager for the rights offering.
Article image