Kathmandu. Ghorahi Cement Industry has started the process to issue right shares.
The company has applied to the Securities Board of Nepal (SEBON) seeking permission to issue the right shares. If the Securities Board of Nepal approves it, the company will issue 1.0.75 percent right shares of the current paid up capital.
The company has sought permission to issue right shares worth Rs 3.76 billion. The company will issue a total of 3,76,83,407.03 units of shares at a face value of Rs 100 to its shareholders.
Himalayan Capital has been appointed as the issue manager for the right shares.
