Last day to apply 30% Right Share of CEDB Hydro fund

Existing shareholders have one more day to file for the 100:30 (30%) ratio right shares of CEDB Hydro Fund .The fund has been issuing right shares from Bhadra 18, 2073 and today is the closing day for the same. CEDB Hydro Fund is issuing 30% right shares to its existing.The BOD meeting held on Shrawan 28, 207 had decided to distribute 30% right share. Interested shareholders can collect the application forms from CEDB Hydro Fund, Tripureswor. Also, applicants can collect application form from http://www.chf.com.np. The shareholders applying for the right share can deposit the amount in the account number 06600300340577000001 of NMB Bank Limited located at Thapathali, Kathmandu. CEDB Hydro Fund will soon issue Initial Public Offering (IPO) worth Rs 17.61 crore. Also, CEDB Hydro Fund’s subsidiary company 5 MW Rukumgad Hydropower Project has completed Power Purchase Agreement (PPA) with Nepal Electricity Authority on Ashad 7, 2073.