Arun Valley Hydropower Unveils Book Closure Date for 100% Rights Offering
Thu, Jan 18, 2024 4:24 PM on Latest, Dividend, Bonus & Rights,
Arun Valley Hydropower Development Company Limited (AHPC) has unveiled the book closure date for its 100% right shares on 15th Magh, 2080. Thus, the shareholders maintained till Magh 14 are eligible for the rights offering.
The company will be issuing 100% right shares worth Rs. 1.86 Arba through the issue of 18,679,626 (1: 1) units of right shares to its existing shareholders. The current paid-up capital of Rs. 1.86 Arba. After the adjustment of the proposed right share i.e. 1.86 crore units, the paid-up capital of the company will increase to Rs. 3.72 Arba.
Muktinath Capital Limited is appointed as the issue manager of this offering.
As of writing, AHPC has an LTP of Rs. 280.90.
