Kathmandu. Radhi Power Company has filed an application with the Securities Board of Nepal (SEBON) seeking permission to issue right shares.
The company has sought permission from the Securities Board of Nepal (SEBON) to issue 1:0.699 per cent right shares of the current paid-up capital.
The company will issue right shares worth Rs 1.28 billion to its shareholders if approved by the Securities Board of Nepal (SEBON). As per the agreement, the company will issue a total of 1,28,52,626.44 units right shares at face value of Rs 100.
Muktinath Capital has been appointed as the issue manager for the IPO issuance.
