Ankhukhola Hydropower Company Limited is set to issue 150% right shares to its existing shareholders, worth Rs. 1.2 Arba by offering 12,000,000 units shares at ratio 1:1.5 ratio. These shares will be issued at a par value of Rs. 100 per share, starting from 27th Shrawan to 16th Bhadra, 2081. Nabil Investment Banking Limited has been appointed as the issue manager for this right share issuance.
Currently, the company’s paid-up capital stands at Rs. 80 Crore. With the issuance of 1.2 crore right shares, the paid-up capital will rise to Rs. 2 Arab. Shareholders who held shares before the book closure date of 1st Shrawan are eligible to participate in the rights offering.
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