Himalaya Urja Bikas Company Unveils Book Closure Date for 100% Rights Offering

Himalaya Urja Bikas Company Limited (HURJA) has unveiled the book closure date for its 100% right shares on 20th Ashadh, 2081. Thus, the shareholders maintained till Ashadh 19 are eligible for the rights offering.

The company will be issuing 100% right shares worth Rs. 99 crore through the issue of 9,900,000 (1: 1) units of right shares to its existing shareholders. The current paid-up capital of Rs. 99 Crore. After the adjustment of the proposed right share i.e. 99 lakh units, the paid-up capital of the company will increase to Rs. 1.98 Arba.

Nabil Investment Banking Limited is appointed as the issue manager.

As of writing, HURJA closed at Rs. 307.00.

Book Close Notice: