Shiva Shree Hydropower (SSHL) Proposes to Issue 100% Right Shares to the Shareholders
Sun, Apr 30, 2023 11:24 AM on Latest, Dividend, Bonus & Rights, NEPSE News,
Shiva Shree Hydropower Limited (SSHL) is set to issue 100% right shares to the shareholders.
The meeting of the board of directors of SSHL held on 14th Baisakh, 2080 has decided to issue the right shares in the ratio of 1:1 i.e 100% of the current paid-up capital.
The current paid-up capital of the company is Rs. 1.47 Arba. After the issue of right shares, the paid-up capital of the company will be increased to Rs. 2.95 Arba.
The company is getting ready to issue rights to pay back the bank debt. The rights shares will be issued following approval by the Electricity Regulatory Commission and the subsequent Annual General Meeting.
