Chhyangdi Hydropower Company Limited Modifies the Right Shares Rates From the Prior 150% to 100% Right Shares

Chhyangdi Hydropower Company Limited Modifies the Right Shares Rates From the Prior 150% to 100% Right Shares.

The 93rd meeting of the board of directors of Chhyangdi Hydropower Company Limited (CHL) held on Tuesday Chaitra 21, 2079 has decided to issue 100% right shares on the paid- up capital of Rs. 38.67 Crores according to the instructions of the regulatory body.

Previously the company proposed to issue right shares in the ratio of 150% of the paid- up capital i.e. 1:1.5 had been decided after receiving the approval from the regulatory bodies. However, the decision was submitted for approval annual general meeting of the company.