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Maikhola Hydropower receives approval from Electricity Regulatory Commission to issue 100 percent rights shares

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NCELL
NIMB

Kathmandu. Maikhola Hydropower has received approval from the Electricity Regulatory Commission to issue right shares. The company has received approval from the commission to issue right shares in a 1:1 ratio of the current paid-up capital, i.e. 100 percent.

The company’s paid-up capital is Rs 392.156,800. The company will now issue right shares equal to the paid-up capital. The company will now have to apply to the Securities and Exchange Board of Nepal to issue right shares.

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