100% Right Shares of Terhathum Power Company Limited Approved By SEBON
Fri, May 2, 2025 6:49 PM on Latest, Dividend, Bonus & Rights,
The Securities Board of Nepal (SEBON) has approved the rights offering proposal of Terhathum Power Company Limited (TPC).
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.557.33.
