50% Right Shares of Ridi Power Company Listed In NEPSE
Mon, May 13, 2024 4:29 PM on Latest, Dividend, Bonus & Rights, NEPSE News, Share Listed,
77,44,506 units of right shares of Ridi Power Company Limited (RIDI) have been listed in NEPSE.
Earlier, Ridi Power Company Limited (RIDI) issued a 1:0.50 ratio right share i.e. 77,44,506 units to its shareholders from 18th Falgun to 8th Chaitra, 2080. Out of which only 66,08,849 (85.34%) units were allotted to the eligible shareholders of the company. The remaining 11,35,657 units of unsubscribed right shares were later sold through an auction from 29th Chaitra to 9th Baishakh, 2081.
The tentative cut-off price for the unsold right shares was Rs. 148.10. The current total paid-up capital of the company is Rs. 2.32 Arba.
The same 77,44,506 units of right shares are now listed in NEPSE.
Muktinath Capital Limited was the auction manager for the company.
As of writing, RIDI has an LTP of Rs. 163.70.
