Right Shares of Bhugol Energy Development Company Added in SEBON Pipeline

Summary

Securities Exchange Board of Nepal (SEBON) has added Bhugol Energy Development Company's right shares to its preliminary review pipeline. The company plans to issue rights shares worth Rs. 48.23 Crores, increasing its paid-up capital to Rs. 1.02 Arba.

Key Points
  • SEBON has added Bhugol Energy Development Company's right shares to its preliminary review pipeline.
  • Bhugol Energy plans to issue 88.66% rights shares worth Rs. 48.23 Crores.
  • The issue comprises 4,823,840 rights shares offered to existing shareholders.
  • After the issuance, the company's paid-up capital will increase to Rs. 1.02 Arba.
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