Barun Hydropower Company Limited is Auctioning 2,38,443 Unclaimed Right Shares from Today
Mon, Sep 8, 2025 10:03 AM on Latest, Dividend, Bonus & Rights, Auction,
Barun Hydropower Company Limited (BARUN) is set to auction 2,38,443 units of ordinary right shares from its previous 1:0.42 rights offering. The auction will open from today, i.e., from 23rd Bhadra to 12th Ashwin, 2082.
A total of 51,19,707 shares have been allotted to the 28,755 applicants. Thus, 2,38,443 (4.45%) shares were unclaimed by eligible investors.
Of the total right shares issued, only 51,19,707 (95.55%) units were allotted to eligible shareholders. 4.45% of shares were unclaimed by eligible investors. Thus, the same 2,38,443 units of unsold right shares will now be auctioned to the general public from today.
This is the unclaimed portion of the rights offering. The company had issued a 1:1 ratio right share issue to its shareholders from 31st Ashadh to 3rd Bhadra, 2082.
Individuals and institutions are all eligible to bid for the auction.
RBB Merchant Banking Limited has been appointed as the issue manager of this rights share. The minimum bid rate for the auction is set at Rs. 100. For ordinary right shares, the minimum bid quantity is 100 units. Although bidders are allowed to bid for the entire issue, they must adhere to the regulatory board's rule, which restricts exceeding the specified share quantity per entity.
