100% Right Shares of Balephi Hydropower Approved By SEBON
Mon, Oct 21, 2024 2:41 PM on Dividend, Bonus & Rights, Latest,
The Securities Board of Nepal (SEBON) has approved the rights offering proposal of Balephi Hydropower Limited (BHPL).
The company will be issuing 100% right shares worth Rs. 1.82 Arba through the issue of 18,279,701 (1: 1) units of right shares to its existing shareholders.
The current paid-up capital of Rs. 1.82 Arba. After the adjustment of the proposed right share i.e. 1.82 crore units, the paid-up capital of the company will increase to Rs. 3.65 Arba.
NIMB Ace Capital Limited is appointed as the issue manager.
As of writing, BHPL closed at Rs. 670.
