Prabhu Steels and Hydro Investment’s Right Share Auction Closes Today

Kathmandu — Prabhu Steels and Hydro Investment Company Limited has announced that the auction sale of its unallotted right shares will close today, Magh 20, after banking hours.

The company had issued right shares in the ratio of 1:1.34 from Kartik 9 to Mangsir 15, 2082. Following the issuance, a total of 437,500 units of unallotted right shares remained in reserve.

To dispose of these shares, the company opened an auction sale from Magh 6, setting a minimum bid price of Rs. 75 per share. According to the company’s notice, the auction will automatically close after banking hours today.

The company has urged interested investors to submit their bids within the stipulated time frame. Prabhu Steels and Hydro Investment Company Limited’s head office is located in Tinkune, Kathmandu, and further details can be obtained through the company’s official website or contact numbers.