River Falls Power Limited Closing Issue of 1: 1 Right Shares from Today
Summary
River Falls Power Limited is closing its 1:1 right shares issue today, aiming to raise Rs. 70 Crores and increase its paid-up capital to Rs. 1.40 Arba.
Key Points
- River Falls Power Limited is closing its rights offering today, earlier than the initially set date of 12th Ashwin, 2082.
- The company is issuing 7,000,000 right shares worth Rs. 70 Crores to existing shareholders at a 1:1 ratio.
- The current paid-up capital of Rs. 70 Crores will increase to Rs. 1.40 Arba after the rights issue.
- Prabhu Capital Limited is appointed as the issue manager for this offering.
