The Securities Board of Nepal (SEBON) has approved Terhathum Power Company to issue right shares worth Rs. 40 crores.
Right Share Issue Overview
What This Means for Shareholders
- Existing shareholders will get 1 new share for every 1 share they already own.
- The company’s paid-up capital will double from Rs. 40 Crores to Rs. 80 Crores after the issue.
- Nabil Investment Banking will manage the process.
This move helps Terhathum Power Company Limited (TPC) raise capital while giving shareholders a fair opportunity to increase their stake.