Rapti Hydro & General Construction Limited Unveils Book Closure Date for 100% Rights Offering

Rapti Hydro & General Construction Limited (RHGCL) has unveiled the book closure date for its 100% right shares on 5th Jestha, 2082. Thus, shareholders who held their shares before Jestha 4 are eligible for the rights offering.

The company will be issuing 100% right shares worth Rs. 61.27 Crores through the issue of 6,127,938 (1: 1) units of right shares to its existing shareholders. The current paid-up capital is Rs. 61.27 Crores. After the adjustment of the proposed right share, i.e., 6,127,938 units, the company's paid-up capital will increase to Rs. 1.22 Arba.

Muktinath Capital Limited is appointed as the issue manager.

As of writing, RHGCL closed at Rs. 560.55.