Cancellation of FPO and initiation for Rights Issue [BPCL]

Cancellation of FPO and initiation for Rights Issue [BPCL]

BPCL Board has decided to cancel the Further Public Offering (FPO) (for 10,000,000 units shares at the premium price), which is under approval process, and to apply to the Electricity Regulatory Commission for prior approval to submit a proposal to the Shareholders' Meeting for issuing rights shares at the rate of 40% of the paid-up capital.

https://www.nepalstock.com/api/nots/security/fetchFiles?fileLocation=bpcl_user/2025-04-07/Letter%20to%20regulatories%20re%20right%20issue_1744000136733.pdf