Today, Ashadh 27 (July 11), is the final day to apply for the Chhyangdi Hydropower rights offering. Applications must be submitted before office hours end today to be considered valid.
The company began offering its rights shares on Jestha 23 at a 1:1 ratio, issuing a total of 38,69,775 shares at a face value of Rs. 100 per share. This brings the total value of the rights offering to approximately Rs. 38.69 crores.
Global IME Capital is managing the issue and has facilitated the application process through its office in Naxal, Kathmandu. Investors can also apply from selected branches of Global IME Bank, any ASBA-approved banks and financial institutions, or through the Mero Share online platform.
Before the rights issue, the paid-up capital of Chhyangdi Hydropower stood at Rs. 38.69 crores. Once this rights offering concludes, the capital will rise to Rs. 77.39 crores, effectively doubling its base capital.
Shareholders who wish to increase their stake in the company should not miss this opportunity. Submit your application today and secure your part in the Chhyangdi Hydropower rights offering before time runs out.
