Prabhu Cable Car & Tourism Limited Announces 1:1 Rights Offering for Former Promoter Shareholders

Wed, Nov 27, 2024 1:42 PM on Latest, Dividend, Bonus & Rights,

Prabhu Cable Car & Tourism Limited is set to offer a 1:1 ratio right share to its former promoter shareholders, with the subscription period running from 29th Mangsir to 4th Magh, 2081.

A total of 7,000,000 units of right shares will be available for auction. The company's rights offering, which opened on 29th Mangsir, will close on 4th Magh, 2081. The shares are being issued at a par value of Rs. 100 each.

Former promoter shareholders are eligible to participate in the auction. Interested individuals should submit their applications at the company's head office located in Tinkune, Kathmandu.

The company had planned to issue shares to the general public.

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