Offer Letter Published for "Terhathum Power Company Limited"; Right Shares Issue Opens from Ashadh 16
Thu, Jun 12, 2025 9:33 AM on Dividend, Bonus & Rights, Book Closure, Latest,
Terhathum Power Company Limited (TPC) 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 16th Ashadh to 4th Shrawan, 2082.
The company will be issuing 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.
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.
