150% Right Shares of Ngadi Group Power Listed on NEPSE; 10.6 Million Units Made Tradeable

Nepal Stock Exchange Limited (NEPSE) has published a notice regarding the listing of right shares of Ngadi Group Power Limited (NGPL).

As per the notice published, 1,06,03,986 Units Right Shares of Ngadi Group Power Limited (NGPL) has been listed on the stock exchange. These shares can now be traded on the secondary market.

The hydropower company had issued 150% right shares worth Rs. 1.06 Arba at par value of Rs. 100 per share from Shrawan 18 to Bhadra 07, for the existing shareholders of the company. Out of the total issued not all shares were subscribed and the remaining shares were sold through an auction.