Chhyangdi Hydropower Company Limited Unveils Book Closure Date for 100% Rights Offering

Chhyangdi Hydropower Company Limited (CHL) has unveiled the book closure date for its 100% right shares on 2nd Jestha, 2082. Thus, shareholders who held their shares before Jestha 1 are eligible for the rights offering.

The company will be issuing 100% right shares worth Rs. 38.69 Crores through the issue of 3,869,775 (1: 1) units of right shares to its existing shareholders. The current paid-up capital is Rs. 38.69 Crores. After the adjustment of the proposed right share, i.e., 3,869,775 units, the company's paid-up capital will increase to Rs. 77.39 Crores.

Global IME Capital Limited is appointed as the issue manager.

As of writing, CHL closed at Rs. 459.03.

Book Close Notice: