Right Shares of Upper Hewakhola Hydropower Company Added in SEBON Pipeline
Summary
SEBON has placed Upper Hewakhola Hydropower Company Limited’s rights share proposal in its preliminary review pipeline. The company plans to issue 91.3% rights shares worth Rs. 52.50 crore to existing shareholders, with Reliable Investment and Merchant Capital Limited serving as issue manager.
Key Points
- SEBON has added Upper Hewakhola Hydropower Company Limited’s rights share proposal to its preliminary review pipeline.
- The company plans to issue 5,250,000 rights share units, amounting to 91.3% of its current paid-up capital.
- The rights issue is worth Rs. 52.50 crore against the company’s current paid-up capital of Rs. 57.50 crore.
- Reliable Investment and Merchant Capital Limited has been appointed as the issue manager.
