Right Shares of Ghalemdi Hydro Allotted to Applicants; Only 70.75% Shares Subscribed
Thu, Jan 11, 2024 10:51 AM on Latest, Dividend, Bonus & Rights, Auction,
Ghalemdi Hydro Limited (GHL) has allotted its 1:2 ratio right shares on the 25th Poush.
The company has allotted the shares to applicants and the non-allotted applicants will receive their money from 29th Poush, 2080.
1,10,00,000 units of right shares were issued from 10th Mangsir to 16th Poush, 2080. The hydropower company declared the book closure date for its rights offering on Kartik 2. Thus, investors maintained before that day were eligible to apply for the shares.
A total of 77,82,276 shares have been allotted to the 28,121 valid applicants. Thus, 32,17,724 (29.25%) shares were unclaimed by eligible investors. This remaining quantity of shares will be auctioned soon to the general public and institutions.
