Right Shares of People's Power Limited Allotted to Applicants on Bhadra 5
Fri, Aug 22, 2025 10:57 AM on Latest, Dividend, Bonus & Rights,
People's Power Limited (PPL) has allotted its 1:1 ratio right shares on the 5th Bhadra, 2082.
The company has allotted the shares to applicants, and the non-allotted applicants received their money from 8th Bhadra, 2082.
31,63,000 units of right shares were issued from 22nd Ashadh to 26th Shrawan, 2082. The hydropower company declared the book closure date for its rights offering on 2nd Ashadh, 2082. Thus, investors maintained that they could apply for the shares before that day.
A total of 27,71,221 shares have been allotted to the 91,938 applicants. Thus, 3,91,779 (12.38%) shares were unclaimed by eligible investors.
