Right Alert! Issue of 1: 1.5 Right Shares of Ankhukhola Hydropower Company Opening from Today

Ankhukhola Hydropower Company Limited (AKJCL) is opening the issue of a 1:1.5 ratio of right share to its shareholders at a par value of Rs. 100 from today i.e. on 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 for this right issue.

1st Shrawan was the book closure date. Thus, the shareholders maintained before that day are eligible for the rights offering.