100% Right Shares of Himalaya Urja Bikas Company Approved By SEBON
Fri, Jun 21, 2024 3:29 PM on Latest, Dividend, Bonus & Rights,
The Securities Board of Nepal (SEBON) has approved the rights offering proposal of Himalaya Urja Bikas Company Limited (HURJA) on Ashadh 7, 2081.
The company will be issuing 100% right shares worth Rs. 99 crore through the issue of 9,900,000 (1: 1) units of right shares to its existing shareholders.
The current paid-up capital of Rs. 99 Crore. After the adjustment of the proposed right share i.e. 99 lakh units, the paid-up capital of the company will increase to Rs. 1.98 Arba.
Nabil Investment Banking Limited is appointed as the issue manager.
As of writing, HURJA closed at Rs. 296.00.
