Buddha Bhumi Nepal Hydropower Company Limited Is Closing Auction of Unclaimed Rights Shares Today
Summary
Buddha Bhumi Nepal Hydropower Company Limited is closing the auction of 4,74,696 unclaimed rights shares today, initially offered on a 1:1 basis to eligible shareholders. NIC Asia Capital Limited manages the auction.
Key Points
- Buddha Bhumi Nepal Hydropower Company Limited is closing the auction for 4,74,696 unclaimed rights shares today.
- The original rights offering was 1:1, with 40,00,000 shares issued in total.
- Out of these, 35,25,304 shares were subscribed by eligible applicants, leaving 11.86% unclaimed.
- NIC Asia Capital Limited is appointed as the issue manager, with a minimum bid rate of Rs. 100 per share.
