Kamal The right share issuance of People’s Power Ltd. has been started from today, 2082/03/22 (Sunday) till 2082/04/11 (Sunday, within banking hours), as officially announced. As the book closure date was 2nd Ashadh, 2082, investors who maintained shares before that day are eligible to apply for the right shares.
Below is a simplified and organized explanation of the notice.
Key Details of the Right Share Issue
| Particulars | Details |
| Company Name | People’s Power Ltd. |
| Ratio of Right Share | 1:0.5 (One existing share for 0.5 new shares) |
| Face Value per Share | NPR 100 |
| Total Shares Issued | 31,63,000 shares |
| Record Date | 2082/03/01 |
| Opening Date for Application | 2082/03/22 (Sunday) |
| Closing Date for Application | 2082/04/11 (Sunday, within banking hours) |
| Issue Manager | Prabhu Capital Ltd., Kamaladi, Kathmandu |
Where to Apply for Rights Shares
Interested eligible shareholders can submit their applications and payment through the following:
- Prabhu Capital Ltd., Kamaladi, Kathmandu
Website: www.prabhucapital.com - People’s Power Ltd., Khursanitar, Ward 02, Kathmandu
Website: www.peoplespower.com.np - All C-ASBA Member Banks and Financial Institutions approved by SEBON
- Application can be made via the Meroshare online platform as well.
- Selected Branches of Prabhu Bank Ltd:
Ilam Branch, Jawalakhel Branch, Birgunj Branch, Pokhara Branch, Butwal Branch, Surkhet Branch, Dhangadhi Branch.
Shareholders may also submit the application form by post or courier to Prabhu Capital, Kamaladi, Kathmandu. If using this method, ensure the application and bank draft (Account Payee) in favor of Prabhu Capital is received before the closing date. Late submissions, even within 7 days after the deadline, will not be accepted for allotment.
Downloading and Submitting Forms
- The application form can be downloaded from:
- People’s Power Ltd. website: www.peoplespower.com.np
- Prabhu Capital website: www.prabhucapital.com
- Shareholders can also check their eligible rights share details from either website.
Investor Support & Grievances
For any questions, complaints, or assistance related to this rights share issue, shareholders are requested to contact:
- Prabhu Capital Ltd.
Email: [email protected]
Phone: 01-4169100 / 5970200, Ext. 304 - People’s Power Ltd.
Email: [email protected]
Phone: 01-4537544 / 01-4437611
Additional Information
Further details are available in the company’s notice published on 2082/03/13 in the “Arthik” national daily. The same notice is also available on:
Notice: Right Share Issurance of People’s Power Ltd
Right Share Notice of People’s Power Ltd
