AnkhuKhola Hydropower Auction for 1750248 Shares Closes Today

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AnkhuKhola Hydropower Auction for 1750248 Shares Closes Today

The auction for 17,50,248 unclaimed ordinary right shares of AnkhuKhola Hydropower Company Limited (AKJCL) ends today. It started on Ashwin 11 and wil

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The auction for 17,50,248 unclaimed ordinary right shares of AnkhuKhola Hydropower Company Limited (AKJCL) ends today. It started on Ashwin 11 and will finish today on Ashwin 20, 2081.

These shares were part of a rights offering held from Shrawan 7 to Bhadra 16, 2081, where shareholders could buy shares in a 1:1 ratio. During that time, 1,02,49,752 shares (85.42%) were purchased by eligible shareholders, but 17,50,248 shares (14.58%) were not claimed. These unclaimed shares were auctioned for both individuals and institutions.

Key Details: AnkhuKhola Hydropower Auction for 1750248 Shares

Details Information
Auction Unclaimed ordinary right shares of AnkhuKhola Hydropower Company Limited (AKJCL)
Auction Start Date Ashwin 11, 2081
Auction End Date Ashwin 20, 2081 (Today)
Minimum Bid Rate Rs. 100
Unclaimed Shares 17,50,248 (14.58%)
Auction Participants Individuals and institutions
Issue Manager Nabil Investment Banking Limited

 

The minimum bid price for the auction is Rs. 100, and the smallest amount you can bid for is 100 units. While bidders can try to buy all the available shares, they must follow the rules set by the regulatory board, which limits how many shares each person or entity can buy.