Balephi Hydropower to Invest Rs. 2 Crore in BHL Investment
Summary
Balephi Hydropower Limited has registered BHL Investment Limited as a public company to pursue investment objectives. The parent company has committed Rs. 2 crore to the new entity and approved an initial Rs. 1 crore share capital payment.
Key Points
- Balephi Hydropower Limited has registered a new public company, BHL Investment Limited, with the Office of the Company Registrar.
- BHL Investment Limited has authorized capital of Rs. 50 crore and issued capital of Rs. 2.5 crore.
- Balephi Hydropower has committed to invest Rs. 2 crore in the new company and approved a Rs. 1 crore share capital payment.
- The company has informed shareholders and other concerned stakeholders about the decision.
