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Khani Khola Hydropower Extends Rights Share Application Deadline to Ashoj 6

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NEPSE TRADING

Khani Khola Hydropower Extends Rights Share Application Deadline to Ashoj 6

Khani Khola Hydropower Company Limited has extended the application deadline for its rights shares for the second time. Initially, the deadline was set until Bhadra 23, which was later pushed to Bhadra 31 due to insufficient applications.

Following the recent Gen-Z movement and disruptions in the country, the company has once again extended the deadline to Ashoj 6. The company is currently issuing 100% rights shares at a ratio of 1:1, equivalent to its paid-up capital of NPR 465,714,300. This amounts to 4,657,143 rights shares, each priced at NPR 100.

For this purpose, the company had already conducted a book-closure on Ashad 27. Only shareholders registered by Ashad 26 are eligible to apply for the rights issue.

Citizens Capital Limited is managing the rights share issuance.

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