Kathmandu. Joshi Hydropower Development Company Limited is going to issue 1,90,000 undistributed right shares from October 11.
The company had opened the issue of right shares to its shareholders from August 29 to September 29. A total of 1,89,927 units of shares of the public is to be auctioned at that time.
The minimum price of the shares has been set at Rs 100 per share. This means that investors will have to bid at or above the minimum price.
The interested bidders can bid for a minimum of 100 and maximum of all units at a time of submission. The bid for the shares has to be submitted by 3:00 pm on November 24.
The bidders can bid for the shares from Laxmi Sunrise Capital, Kathmandu and branches of Laxmi Bank at Biratnagar, Birgunj, Hetauda, Pokhara, Butwal, Birendranagar, Surkhet and Dhangadhi.
