100% Right Shares of Panchthar Power Company Limited Added in SEBON Pipeline
Summary
The Securities Exchange Board of Nepal has included Panchthar Power Company Limited's 100% rights shares issuance to its pipeline for review, aiming to double the company's paid-up capital to Rs. 1.92 Arba.
Key Points
- The Securities Exchange Board of Nepal (SEBON) has added Panchthar Power Company Limited's rights shares to its review pipeline.
- Panchthar Power Company Limited plans to issue 100% rights shares worth Rs. 96.25 Crores.
- The rights shares issuance involves issuing 9,625,000 units to existing shareholders on a 1:1 basis.
- Sanima Capital Limited has been appointed as the issue manager for this rights shares issuance.
