Barun Hydropower Company Limited is set to issue 100% right shares to its existing shareholders at a 1:1 ratio, meaning one right share for every one share held. The application for this issue will open on 31st Ashad and will close on 19th Shrawan, 2082.
A total of 53,58,150 right shares, equivalent to Rs. 53.58 Crores, will be issued. At present, the company’s paid-up capital stands at Rs. 53.58 Crores, which will double to Rs. 1.07 Arba following the completion of this issuance. RBB Merchant Banking Limited has been appointed as the issue manager for this rights share offering.
The book closure date has been fixed for 22nd Jestha, 2082. Only shareholders who held shares before this date will be eligible to apply for the right shares.
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Notice: Barun Hydropower to Issue 100% Right Shares
