100% Right Shares of Barun Hydropower Company Limited Approved By SEBON
Wed, May 21, 2025 10:23 AM on Latest, Dividend, Bonus & Rights,
The Securities Board of Nepal (SEBON) has approved the rights offering proposal of Barun Hydropower Company Limited (BARUN).
The company will be issuing 100% right shares worth Rs. 53.58 Crores through the issue of 5,358,150 (1: 1) units of right shares to its existing shareholders.
The current paid-up capital is Rs. 53.58 Crores. After the adjustment of the proposed right share, i.e., 5,358,150 units, the company's paid-up capital will increase to Rs. 1.07 Arba.
RBB Merchant Banking Limited is appointed as the issue manager.
As of writing, BARUN closed at Rs. 539.77.
