People’s Power Limited Opens Auction for 3,91,779 Unclaimed Rights Shares from Today
Summary
People's Power Limited is auctioning 391,779 unclaimed rights shares from its previous rights offering between 15th and 22nd Bhadra, 2082. Eligible investors had claimed 87.62% of issued shares, leaving 12.38% unclaimed for public auction.
Key Points
- People's Power Limited is auctioning 391,779 unclaimed rights shares from its previous offering.
- A total of 2,771,221 shares were allotted to 91,938 applicants, while 12.38% remained unclaimed.
- The auction runs from 15th to 22nd Bhadra, 2082, open to individuals and institutions.
- Prabhu Capital Limited is the issue manager and the minimum bid rate is Rs. 100 for at least 100 shares.
