Radhi Bidyut Company (RADHI) Proposes 1: 1.4752 Right Shares to Investors

Radhi Bidyut Company Limited (RADHI) is issuing 1: 1.4752 rights shares to its investors.

The meeting of the board of directors held on Jestha 16, 2078 has decided to issue the 147.52% right shares on the paid-up capital of Rs. 64,64,04,622.50. This is the paid-up capital maintained after adjusting the 36.5% bonus shares for the fiscal year 2076/77. The book closure for bonus share is yet to happen. 

Thus, 95,35,760.99 unit shares will be issued at a par value of Rs. 100 per share. This decision is yet to be endorsed by the company's upcoming 15th AGM.

As of writing, RADHI's LTP stands at Rs. 1,142.