Deadline Extended for 1: 0.65 Right Offering of Joshi Hydropower Development Company Limited
Summary
Joshi Hydropower Development Company Limited has extended the deadline for its 65% rights offering until 19th Bhadra, 2082, aiming to raise Rs. 24.14 Crores and increase its paid-up capital to Rs. 62.28 crores.
Key Points
- Joshi Hydropower Development Company Limited extended the deadline for its rights offering to 19th Bhadra, 2082.
- The company is issuing 65% right shares worth Rs. 24.14 Crores through 2,414,100 units to existing shareholders.
- The current paid-up capital of the company is Rs. 37.14 Crores, which will increase to Rs. 62.28 Crores after the rights issue.
- 27,902 applicants applied for 3,907,167 units of right shares equivalent to Rs. 39.07 Crores, overseen by issue manager Laxmi Capital Market Limited.
