Balephi Hydropower Proposes to Issue Right Shares at the Ratio of 1:0.50
Sun, Feb 26, 2023 11:16 AM on Latest, Dividend, Bonus & Rights, NEPSE News,
The meeting of the board of directors of Balephi Hydropower Limited (BHL) held on Falgun 12 decided to submit a proposal for approval in the next annual general meeting of the company for the issuance of rights shares in the ratio of 1 equal to 0.5 from the current paid- up capital of Rs. 1.827 Arba. Hence, after the right issue at 50%, the enhanced paid-up capital of the company will be Rs. 2.74 Arba.
Balephi Hydropower earlier this year had issued 18,27,970 units worth Rs 18.27 crore as Initial Public Offering to the general public.
