Last Day to Be Eligible for 10: 5 Rights Offering of National Hydro Power Company

Today is the last day to be eligible for the rights offering of National Hydro Power Company Limited (NHPC).

The hydropower company will be issuing 50% right shares worth Rs. 82.21 Crores through the issue of 8,221,459.7178 (10: 5) units of right shares to its existing shareholders. The current paid-up capital is at Rs. 1.64 Arba which will increase to Rs. 2.46 Arba after the proposed issue.

Muktinath Capital is appointed as the issue manager.

Ashad 01 is the book closure date. Since today is the last trading day before the book closure, shareholders maintained till today are eligible to apply for the right shares.

As of writing, the company has an LTP of Rs. 226.