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Shikhar Insurance
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Rapti Hydro to issue 100% right shares from June 1

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Kathmandu. Rapti Hydro and General Construction Limited has issued 100 percent right shares from June 1.

The company has received approval from the Securities Board of Nepal to issue a total of 6,127,938 units of right shares at the rate of Rs 100 per share in the ratio of 1:1.

For this, the company has already closed the book on May 15. Therefore, only those investors who have purchased ordinary shares of the company till May 30 can apply for this right share. The last date for submission of applications is July 15.

Muktinath Capital Naxal Kathmandu, the sales manager, and Rapti Hydro’s corporate office, Tripureshwor, Kathmandu, can apply for this right.

Similarly, muktinath bikas bank’s branch offices at Birtamod Jhapa, Biratnagar Morang, Birgunj-Parsa, Janakpur-Dhanusha, Narayangad-Chitwan, Pokhara-Kaski, Butwal-Rupandehi, Nepalgunj-Banke, Birendranagar-Surkhet, Dhangadhi-Kailali and Mahendranagar-Kanchanpur can apply.

Similarly, applications can also be made through banks and financial institutions licensed by the Securities Board and my shares.

GBIME

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