Last Trading Day to Secure Buddha Bhumi Nepal Hydropower Company Limited's Right Share

Today is the last trading day on the Nepal Stock Exchange (NEPSE) to qualify for the right to purchase shares of Buddha Bhumi Nepal Hydropower Company Limited (BNHC). Investors participating in today's trading will be eligible to apply for the company’s right shares.

The company has announced the issuance of 100% right shares worth NPR 40 Crores, issuing 4 million (1:1) units of right shares to its existing shareholders. Currently, the company’s paid-up capital stands at NPR 40 Crores, and after the proposed right share adjustment, the paid-up capital will increase to NPR 80 Crores.

NIC Asia Capital Limited has been appointed as the issue manager for this right share offering.

The book closure date is set for 1st Falgun, 2082. This means that only shareholders holding shares before this date will be eligible to apply for the right shares.