Ankhukhola Hydropower Unveils Book Closure Date for 150% Rights Offering

Ankhukhola Hydropower Company Limited (AKJCL) has unveiled the book closure date for its 150% right shares on 1st Shrawan, 2081. Thus, the shareholders maintained till Ashadh 31 are eligible for the rights offering.

The company will be issuing 150% right shares worth Rs. 1.2 Arba through the issue of 12,000,000 (1: 1.5) units of right shares to its existing shareholders. The current paid-up capital of Rs. 80 Crore. After the adjustment of the proposed right share i.e. 1.2 crore units, the paid-up capital of the company will increase to Rs. 2 Arba.

Nabil Investment Banking Limited is appointed as the issue manager.

As of writing, AKJCL closed at Rs. 227.70.

Book Close Notice: