Kathmandu. Joshi Hydropower Development Company has got permission to issue right shares.
The Securities Board of Nepal has given permission to Joshi Hydropower to issue right shares. The Securities Board of Nepal has allowed the company to issue 65 percent right shares in the ratio of 1:0.65.
The company will now issue right shares worth Rs 241.41 million to its shareholders. Accordingly, the company will sell a total of 2,414,100 units of right shares at a face value of Rs 100 each.
Laxmi Sunrise Capital is the right share sale manager of the company.
