Radhi Bidyut Company Limited Proposes to Issue 69.89% Right Shares; Approval Received from ERC
Summary
Radhi Bidyut Company Limited has proposed issuing right shares comprising 69.89% of its current paid-up capital, approved by the Electricity Regulatory Commission and pending Securities Board of Nepal approval.
Key Points
- Radhi Bidyut Company Limited plans to issue right shares at a ratio of 1:0.6989, representing 69.89% of its paid-up capital.
- The issued right shares correspond to the current paid-up capital of Rs. 1.83 Arba.
- Approval for the right shares has been received from the Electricity Regulatory Commission.
- Final issuance depends on approval from the Securities Board of Nepal (SEBON).
