Right Alert! Issue of 1:1 Right Shares of Rapti Hydro & General Construction Limited Opening from Today

Rapti Hydro & General Construction Limited (RHGCL) is opening the issue of a 1:1 ratio of right shares to its shareholders at a par value of Rs. 100 from today, i.e., on 1st Ashadh to 22nd Ashadh, 2082.

The company will be issuing 100% right shares worth Rs. 61.27 Crores through the issue of 6,127,938 (1: 1) units of right shares to its existing shareholders. The current paid-up capital is Rs. 61.27 Crores. After the adjustment of the proposed right share, i.e., 6,127,938 units, the company's paid-up capital will increase to Rs. 1.22 Arba.

Muktinath Capital Limited is appointed as the issue manager.

The book closure date was 6th Jestha, 2082. Thus, shareholders maintained before that day are eligible for the rights offering.

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