Terhathum Power Company Limited Unveils Book Closure Date for 100% Rights Offering
Tue, May 6, 2025 9:59 AM on Latest, Dividend, Bonus & Rights, Book Closure,
Terhathum Power Company Limited (TPC) has unveiled the book closure date for its 100% right shares on 5th Jestha, 2082. Thus, shareholders who held their shares before Jestha 4 are eligible for the rights offering.
The company will be issuing 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 of Rs. 40 Crores. After the adjustment of the proposed right share, i.e., 4,000,000 units, the paid-up capital of the company will increase to Rs. 80 Crores.
Nabil Investment Banking Limited is appointed as the issue manager.
As of writing, TPC closed at Rs. 554.60.
