Khani Khola Hydropower Company Limited Closing Issue of 1: 1 Right Shares from Today

Khani Khola Hydropower Company Limited (KKHC) is closing its rights offering today. Initially opened on 3rd Bhadra, the issue was set to close on 31st Bhadra, 2082. However, as per the latest notice, the rights offering will close today, i.e,. from 5th Ashwin, 2082.

The company has been issuing 100% right shares worth Rs. 46.57 Crores through the issue of 4,657,143 (1: 1) units of right shares to its existing shareholders. The current paid-up capital of the company is Rs. 46.57 Crore. After the adjustment of the proposed right share, the paid-up capital of the company will increase to Rs. 93.14 Crore.

According to the CDSC, 22,196 applicants applied for 23,43,843 units of right shares, equivalent to Rs. 23.43 crores.

Citizens Capital Limited is appointed as the issue manager.

The book closure date is Ashadh 27, 2082. Thus, investors who maintained before that day can apply for the shares.