Barun Hydropower 100% right share deadline extended till Bhadra 31; 6 days left to apply for right share

Barun Hydropower Company Limited (BARUN) has extended the ongoing rights share issues to its shareholders till Bhadra 31. The company has opened 26,79,075 units of right shares in the ratio of 1:1 to its shareholders from Bhadra 06 and is supposed to close today i.e Bhadra 26.

The right shares totalling 26,79,075 units at par value of Rs. 100 out of its paid-up value of Rs 26.79 crores is being issued to its shareholders. The current paid-up capital of the company stands at Rs. 26.79 Crore which will increase to Rs. 53.58 Crore after the adjustment of the right shares.

The book closure for the issue of the right shares was on Shrawan 02. Thus, investors maintained before that day are entitled to apply for the right shares.

RBB Merchant Banking Limited has been appointed the issue manager of this right share.

Right Extention Notice: