Deadline Extended for 1: 1 Right Offering of Barun Hydropower Company Limited
Mon, Aug 4, 2025 9:31 AM on Latest, Dividend, Bonus & Rights,
Barun Hydropower Company Limited (BARUN) has extended the deadline for its ongoing rights offering. Initially opened on 31st Ashadh, 2082, the issue was scheduled to close on 19th Shrawan, 2082. However, as per the latest notice, the rights offering will now remain open until 3rd Bhadra, 2082.
The company will be issuing 100% right shares worth Rs. 53.58 Crores through the issue of 53,58,150 (1: 1) units of right shares to its existing shareholders. The current paid-up capital is Rs. 53.58 Crores. After the adjustment of the proposed right share, i.e., 53,58,150 units, the company's paid-up capital will increase to Rs. 1.07 Arba.
According to the CDSC, 25,551 applicants applied for 31,62,775 units of right shares, equivalent to Rs. 31.62 crores.
RBB Merchant Banking Limited is appointed as the issue manager.
22nd Jestha, 2082 was the book closure date. Thus, investors who maintained before that day can apply for the shares.
