Terhathum Power Company To Issue Right Shares | Proposal Approved By SEBON

Terhathum Power Company To Issue Right Shares

The Securities Board of Nepal (SEBON) has approved Terhathum Power Company to issue right shares worth Rs. 40 crores

Right Share Issue Overview

Details Information
Total Right Shares 40,00,000 units (1:1 ratio)
Face Value Rs. 100 per share
Current Paid-up Capital Rs. 40 Crores
After Issue Capital Rs. 80 Crores (will double)
Issue Manager Nabil Investment Banking Limited

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.

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