Rapti Hydro & General Construction Limited Auctioning 7,04,111 Unclaimed Right Shares from Shrawan 13
Mon, Jul 21, 2025 10:33 AM on Latest, Dividend, Bonus & Rights, Auction,
Rapti Hydro & General Construction Limited (RHGCL) is set to auction 7,04,111 units of unclaimed rights shares from its previous 1:1 rights offering. The auction will open from 13th Shrawan to 20th Shrawan, 2082.
A total of 54,23,827 shares have been allotted to the valid applicants. Thus, 7,04,111 (11.49%) shares were unclaimed by eligible investors.
Of the total right shares issued, only 54,23,827 (88.51%) units were allotted to eligible shareholders. 11.49% of shares were unclaimed by eligible investors. Thus, the same 7,04,111 units of unsold right shares will now be auctioned to the general public from the 13th Shrawan.
This is the unclaimed portion of the rights offering. The company had issued a 1:1 ratio right share issue to its shareholders from 1st Ashadh to 22nd Ashadh, 2082.
Individuals and institutions are all eligible to bid for the auction.
Muktinath Capital Limited has been appointed as the issue manager of this rights share. The minimum bid rate for the auction is set at Rs. 100. For ordinary right shares, the minimum bid quantity is 100 units. Although bidders are allowed to bid for the entire issue, they must adhere to the regulatory board's rule, which restricts exceeding the specified share quantity per entity.
