Offer Letter Published for "Ankhukhola Hydropower"; Right Shares Issue Opens from Shrawan 27
Wed, Jul 24, 2024 9:41 AM on Latest, Dividend, Bonus & Rights,
Ankhukhola Hydropower Company Limited (AKJCL) has published an offer letter for the issuance of its 150% rights shares.
According to the offer letter made public by the company, it is set to open applications for its right shares in the ratio of 1:1.50 or 150% from 27th Shrawan to 16th Bhadra, 2081.
The company will be issuing 150% right shares worth Rs. 1.2 Arba through the issue of 12,000,000 (1: 1.5) units of right shares to its existing shareholders. The current paid-up capital of Rs. 80 Crore. After the adjustment of the proposed right share i.e. 1.2 crore units, the paid-up capital of the company will increase to Rs. 2 Arba.
Nabil Investment Banking Limited is appointed as the issue manager.
1st Shrawan was the book closure date. Thus, investors maintained before that day are eligible to apply for the shares.
