100% Right Shares of Upper Tamakoshi Hydropower Listed In NEPSE
Sun, Mar 10, 2024 4:11 PM on Latest, Dividend, Bonus & Rights, NEPSE News, Share Listed,
10,59,00,000 units of right shares of Upper Tamakoshi Hydropower Limited (UPPER) have been listed in NEPSE.
Earlier, Upper Tamakoshi Hydropower Limited (UPPER) issued a 1:1 ratio right share i.e. 10,59,00,000 units to its shareholders from 18th Bhadra to 22nd Ashwin, 2080. Out of which only 8,88,80,470 units were allotted to the eligible shareholders of the company. The remaining 1,70,19,530 units of unsubscribed right shares were later sold through an auction from 13th Poush to 29th Poush, 2080.
The auction cut-off price for the unsold right shares is Rs. 147. The current total paid-up capital of the company is Rs. 21.18 Arba.
The same 10,59,00,000 units of right shares are now listed in NEPSE.
Sunrise Capital Limited was the auction manager for the company.
As of writing, UPPER has an LTP of Rs. 205.00.
