Kathmandu – Today, May 19, is the last day to secure the rights shares of Rapti Hydro and General Construction Limited. As the company has decided to close its book on May 20 for the issuance of the rights shares, only those shareholders who hold shares until today, May 19, will be eligible to apply for the rights offering.
The company will issue rights shares in a 1:1 ratio, equivalent to 100% of the current paid-up capital. It will issue a total of 6,127,938 units of rights shares worth NPR 612,793,800.
The Nepal Securities Board granted the company approval to issue rights shares on May 8. Muktinath Capital is the issue manager for the share issuance.
Source: Arthakagaj
