Offer Letter Published for River Falls Power Limited; Right Shares Issue Opens from Bhadra 23

Summary

River Falls Power Limited has issued an offer letter to issue 100% right shares worth Rs. 70 Crores, opening applications from Bhadra 23 to Ashwin 12, 2082.

Key Points
  • River Falls Power Limited is issuing 100% right shares to existing shareholders.
  • The issue is worth Rs. 70 Crores with 7,000,000 units being offered.
  • The paid-up capital will increase from Rs. 70 Crores to Rs. 1.40 Arba after the issue.
  • Prabhu Capital Limited is appointed as the issue manager with book closure on 26th Shrawan, 2082.
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