Terhathum Power Company Limited Closing Issue of 1: 1 Right Shares from Today
Sun, Jul 27, 2025 8:56 AM on Latest, Dividend, Bonus & Rights, Book Closure,
Terhathum Power Company Limited (TPC) is closing its rights offering today. Initially opened on 16th Ashadh, the issue was set to close on 4th Shrawan, 2082. However, as per the latest notice, the rights offering will close today, i.e,. from 11th Shrawan, 2082..
The company will issue 100% right shares worth Rs. 40 Crores through the issue of 4,000,000 (1: 1) units of right shares to its existing shareholders. The current paid-up capital is Rs. 40 Crores. After the adjustment of the proposed right share, i.e., 4,000,000 units, the company's paid-up capital will increase to Rs. 80 Crores.
According to the CDSC, 26,483 applicants applied for 22,55,183 units of right shares, equivalent to Rs. 22.55 crores.
Nabil Investment Banking Limited is appointed as the issue manager.
The book closure date is 5th Jestha, 2082. Thus, investors who held shares before that day can apply for them.
