RuRu Jalbidhyut Approves Rs. 8 crores Investment in Myagdi Hydropower

Summary

Ru Ru Jalbidhyut Pariyojana Limited has approved an Rs. 8 crore investment to acquire promoter shares in Myagdi Hydropower Limited.

Key Points
  • Ru Ru Jalbidhyut Pariyojana Limited approved investing Rs. 8 crores in Myagdi Hydropower Limited.
  • The decision was made during the board meeting on Ashad 25, 2083.
  • Ru Ru Jalbidhyut will acquire 800,000 promoter shares at Rs. 100 each.
  • The investment aligns with the company’s Articles of Association and aims to utilize available investable funds.
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