Right Shares of Himalaya Urja Bikas Company Added in SEBON Pipeline; Company to Issue 100% Right Share
Mon, Jul 17, 2023 10:27 AM on Latest, Dividend, Bonus & Rights,
The Securities Exchange Board of Nepal (SEBON) has added the right shares of Himalaya Urja Bikas Company (HURJA) to its pipeline under preliminary review.
The hydropower company is looking to issue 100% right shares worth Rs. 99 Crores through the issue of 9,900,000 (1: 1) units of right shares to its existing shareholders. The current paid-up capital of the company is Rs. 99 Crores. After the adjustment of the proposed right share, the paid-up capital of the company will increase to Rs. 1.98 Arba.
Nabil Investment Banking Limited is appointed as the issue manager. The application was submitted to the board on Ashad 31, 2080.
