Liberty Energy Company And Balephi Hydropower Limited Unveils Book Closure Date for Rights Offering

Liberty Energy Company Limited (LEC) has unveiled the book closure date for its 50% right shares on 21st Kartik, 2081. Thus, the shareholders maintained till Kartik 20 are eligible for the rights offering.

The company will be issuing 50% right shares worth Rs. 75 Crore through the issue of 7,500,000 (1: 0.5) units of right shares to its existing shareholders. The current paid-up capital of Rs. 1.50 Arba. After the adjustment of the proposed right share i.e. 75 lakh units, the paid-up capital of the company will increase to Rs. 2.25 Arba.

Prabhu Capital Limited is appointed as the issue manager.

As of writing, LEC closed at Rs. 275.10.

Balephi Hydropower Limited (BHL) has unveiled the book closure date for its 100% right shares on 21st Kartik, 2081. Thus, the shareholders maintained till Kartik 20 are eligible for the rights offering.

The meeting of the board of directors of Balephi Hydropower (BHL) held on Shrawan 02, 2080 has decided to issue 100% right shares on the paid-up capital of Rs. 1.82 Arba. After the issuance of 100% right share, the paid-up capital of the company will reach Rs. 3.64 Arba.

NIMB Ace Capital Limited is appointed as the issue manager.

As of writing, BHL closed at Rs. 438.10.

Book Closure Notice: