Deadline Extended for 1: 1 Right Offering of Chhyangdi Hydropower Company
Thu, Jun 26, 2025 11:11 AM on Dividend, Bonus & Rights, Highlight News,
Chhyangdi Hydropower Company Limited (CHL) has extended the deadline for its ongoing rights offering. Initially opened on 23rd Jestha, 2082, the issue was scheduled to close on 12th Ashad, 2082. However, as per the latest notice, the rights offering will now remain open until 27th Ashad, 2082.
The company has been issuing 100% right shares worth Rs. 38.69 Crore 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 adjusting the proposed right share, i.e., 3,869,775 units, the company's paid-up capital will increase to Rs. 77.39 Crore.
According to the CDSC, 23,503 applicants applied for 2,317,902 units of right shares, equivalent to Rs. 23.17 crores. This data is as of 5 pm yesterday.
Global IME Capital Limited is appointed as the issue manager.
The book closure date was 2nd Jestha, 2082. Thus, shareholders maintained before that day are eligible for the rights offering.
