Barun Hydropower Company Limited Closing Issue of 1:1 Right Shares from Today

Summary

Barun Hydropower Company Limited is closing its 1:1 right shares issue today, increasing its paid-up capital to Rs. 1.07 Arba after issuing shares worth Rs. 53.58 Crores.

Key Points
  • Barun Hydropower Company Limited is closing its rights offering today, originally opened on 31st Ashadh, 2082.
  • The company is issuing 1:1 right shares totaling 53,58,150 units valued at Rs. 53.58 Crores, doubling the paid-up capital to Rs. 1.07 Arba.
  • 27,725 applicants applied for 37,49,495 right shares worth Rs. 3.49 crores as per CDSC.
  • RBB Merchant Banking Limited is the issue manager and 22nd Jestha, 2082, was the book closure date for eligible investors.
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