Bindhyabasini Hydropower to Issue 1:1 Right Shares

Bindhyabasini Hydropower Development Company Limited (BHDC) has decided to issue right shares in the ratio of 1:1 against its existing paid-up capital.

According to the company, the decision was made during its board meeting held on Kartik 17, 2082. The proposed right share issuance aims to fulfill the company’s liabilities and invest in ongoing hydropower projects in line with its objectives.

The company stated that the proposal will be presented at the upcoming Annual General Meeting (AGM) after obtaining approval from the Electricity Regulatory Commission.