Joshi Hydropower Development Company Limited Unveils Book Closure Date for 65% Rights Offering
Fri, Jun 13, 2025 10:10 AM on Latest, Dividend, Bonus & Rights, Book Closure,
Joshi Hydropower Development Company Limited (JOSHI) has unveiled the book closure date for its 65% right shares on 8th Ashadh, 2082. Thus, shareholders who held their shares before Ashadh 7 are eligible for the rights offering.
The company will be issuing 65% right shares worth Rs. 24.14 Crores through the issue of 2,414,100 (1: 0.65) units of right shares to its existing shareholders. The current paid-up capital is Rs. 37.14 Crores. After the adjustment of the proposed right share, i.e., 2,414,100 units, the company's paid-up capital will increase to Rs. 62.28 crores.
Laxmi Capital Market Limited is appointed as the issue manager.
As of writing, JOSHI closed at Rs. 409.10.
