Deadline Extended for 1: 1 Right Offering of Terhathum Power Company Limited
Sun, Jul 20, 2025 9:37 AM on Latest, Dividend, Bonus & Rights,
Terhathum Power Company Limited (TPC) has extended the deadline for its ongoing rights offering. Initially opened on 16th Ashadh, 2082, the issue was scheduled to close on 4th Shrawan, 2082. However, as per the latest notice, the rights offering will now remain open until 11th Shrawan, 2082.
The company will issue 100% right shares worth Rs. 40 Crores through the issue of 4,000,000 (1: 1) units of right shares to its existing shareholders. The current paid-up capital of Rs. 40 Crores. After the adjustment of the proposed right share, i.e., 4,000,000 units, the paid-up capital of the company will increase to Rs. 80 Crores.
According to the CDSC, 24,792 applicants applied for 20,97,102 units of right shares, equivalent to Rs. 20.97 crores. This data is as of 5 pm yesterday.
Nabil Investment Banking Limited is appointed as the issue manager.
The book closure date is 5th Jestha, 2082. Thus, investors who held shares before that day can apply for them.
