Joshi Hydropower Development Company Is Closing Auction of Unclaimed Rights Shares Today
Summary
Joshi Hydropower Development Company Limited is closing the auction of 1,89,927 unclaimed rights shares from its previous rights offering today, with LS Capital Limited managing the issuance.
Key Points
- Joshi Hydropower Development Company Limited is closing the auction of 1,89,927 units of unclaimed rights shares today.
- The rights offering was in a 1:0.65 ratio and was open from 15th Shrawan to 19th Bhadra, 2082.
- A total of 22,24,173 shares were allotted to valid applicants, representing 92.13% of the issue, leaving 7.87% unclaimed.
- LS Capital Limited is appointed as the issue manager, with a minimum bid rate set at Rs. 100 and a minimum bid quantity of 100 units.
