100% Right Shares of Shiva Shree Hydropower And River Falls Power Limited Listed in NEPSE
Summary
Shiva Shree Hydropower Ltd and River Falls Power Limited have listed 100% right shares in NEPSE after issuing and auctioning unsubscribed shares to their shareholders.
Key Points
- Shiva Shree Hydropower Ltd issued 1,47,64,000 right shares in a 1:1 ratio to shareholders and listed all in NEPSE.
- Out of these, only 41,97,794 units were allotted directly, and the remaining 1,38,98,155 unsubscribed shares were sold through auction.
- River Falls Power Limited issued 70,00,000 right shares in a 1:1 ratio, with 59,61,076 units allotted and 10,38,924 sold via auction.
- Both companies' right shares are now fully listed in NEPSE with their respective auction managers being Citizens Capital Limited and Prabhu Capital Limited.
