Kathmandu. KATHMANDU: Bindhyabasini Hydropower Development Company Limited has decided to issue 100% right shares of its current paid-up capital.
A meeting of the board of directors of the company held on Monday afternoon decided to issue right shares in the ratio of 1:1 of the current paid-up capital. The purpose of issuing right shares is to pay the liabilities of the company and to invest in hydropower projects.
The company has also decided to submit it in the upcoming AGM after getting approval from the regulatory body for the issuance of right shares.
