Shiva Shree Hydropower Limited Closing Issue of 1: 1 Right Shares from Today

Shiva Shree Hydropower Limited (SSHL) is closing its rights offering today. Initially opened on 19th Bhadra, the issue was set to close on 8th Ashwin, 2082. However, as per the latest notice, the rights offering will close today, i.e,. from 23rd Ashwin, 2082.

The company will be issuing 100% right shares worth Rs. 1.47 Arba through the issue of 14,764,000 (1: 1) units of right shares to its existing shareholders. The current paid-up capital is Rs. 1.47 Arbas. After adjusting the proposed right share, i.e., 14,764,000 units, the company's paid-up capital will increase to Rs. 2.95 Arba.

According to the CDSC, 22,996 applicants applied for 95,66,718 units of right shares, equivalent to Rs. 95.66 crores.

Citizens Capital Limited is appointed as the issue manager.

The book closure date is Shrawan 16, 2082. Thus, investors who maintained before that day can apply for the shares.