Kathmandu. Tehrathum Power Company Limited has opened the sale of 100% right shares from today. The company is going to issue 100% right shares.
The company has received permission from the Nepal Securities Board to issue 4 million units of right shares in the ratio of 1:1 at a face value of Rs 100 per share. The company will collect Rs 400 million by selling the right shares.
The company has closed the book for the issue of right shares on Jestha 5th. Accordingly, only shareholders who have held shares till Jestha 4th can apply for this right share.
The last date for applying has been fixed as Shrawan 4th. The company’s securities issuance and sale manager is Nabil Investment Banking Limited.
Applications can be made from the office of Nabil Investment Banking in Naxal, Nabil Bank’s Chhathar, Myanglung, Fedap and Sankrantibazaar branches in Tehrathum, Kumari Bank’s Menchhayam branch, and all banks and financial institutions participating in the ASWA service from the Nepal Securities Board and their designated branch offices.
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