Right Alert! Issue of 1:1 Right Shares of Shiva Shree Hydropower Limited Opening from Today

Summary

Shiva Shree Hydropower Limited is issuing 100% rights shares worth Rs. 1.47 Arba starting from 19th Bhadra to 8th Ashwin, 2082 to its existing shareholders, increasing its paid-up capital to Rs. 2.95 Arba.

Key Points
  • Shiva Shree Hydropower Limited is issuing 14,764,000 units of right shares at a 1:1 ratio to its existing shareholders.
  • The total value of the rights shares being issued is Rs. 1.47 Arba.
  • The paid-up capital will increase from Rs. 1.47 Arba to Rs. 2.95 Arba after the rights issue.
  • Citizens Capital Limited is appointed as the issue manager, with a book closure date of Shrawan 16, 2082.
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