Kathmandu. Rapti Hydro and General Construction have received prior approval from the Electricity Regulatory Commission to issue right shares.
The commission has given prior approval to the company to issue 25.15 percent right shares in the ratio of 1:0.2515 of the current paid-up capital. The current paid-up capital of the company stands at Rs 1,22,55,87,600.
According to the paid-up capital, the commission has given prior approval to the company to issue a total of 3,081,262 units of right shares at a face value of Rs 100.
The company will now proceed with further process to issue right shares.
