100% Right Shares of River Falls Power Limited Approved By SEBON
Sun, Jul 27, 2025 10:03 AM on Latest, Dividend, Bonus & Rights,
The Securities Board of Nepal (SEBON) has approved the rights offering proposal of River Falls Power Limited (RFPL).
The company will be issuing 100% right shares worth Rs. 70 Crores through the issue of 7,000,000 (1: 1) units of right shares to its existing shareholders.
The current paid-up capital is Rs. 70 Crores. After the adjustment of the proposed right share, i.e., 7,000,000 units, the company's paid-up capital will increase to Rs. 1.40 Arba.
Prabhu Capital Limited is appointed as the issue manager.
As of writing, RFPL closed at Rs. 731.49.
