Offer Letter Published for River Falls Power Limited; Right Shares Issue Opens from Bhadra 23
Thu, Aug 21, 2025 10:34 AM on Dividend, Bonus & Rights, Highlight News, Book Closure,
River Falls Power Limited (RFPL) has published an offer letter for the issuance of its 100% rights shares.
According to the offer letter made public by the company, it is set to open applications for its right shares in the ratio of 1:1 or 100% from 23rd Bhadra to 12th Ashwin, 2082.
The company will be issuing 100% right shares worth Rs. 70 Crores through the issue of 7,000,000 (1: 1) units of right shares to its existing shareholders. The current paid-up capital is Rs. 70 Crores. After adjusting the proposed right share, i.e., 7,000,000 units, the company's paid-up capital will increase to Rs. 1.40 Arba.
Prabhu Capital Limited is appointed as the issue manager.
The book closure date is 26th Shrawan, 2082. Thus, investors who held shares before that day can apply for them.
