Kathmandu. Joshi Hydropower Development Company has fixed the date of book closure for issuing right shares.
The company has decided to close the book on June 15. This means that the shareholders will be eligible to fill the right shares of this company till Friday, June 6 and Saturday, 7.
The Securities Board of Nepal has fixed the paid-up capital of Joshi Hydropower at 1:0. It has been allowed to issue 65 percent right shares in 65 ratios. 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.
