River Falls Power Limited to Issue Right Shares in Nepal’s Stock Market!
Hey stock market enthusiasts! We’ve got some exciting financial news to share from Nepal. River Falls Power Limited has just received the green light from the Securities Board of Nepal (Sebon) to issue right shares. This is a big move for the company and a potential opportunity for investors.
River Falls Power Limited is set to offer right shares in a 1:1 ratio. This means that for every one share you currently hold, you’ll be able to purchase one new share. This is a significant development for shareholders, as it provides a chance to increase their holdings in the company.
The right shares will be offered at a price of NPR 100 per share. This is the issuance price and is a crucial factor for potential investors to consider. Investing in these right shares presents a chance to become a part of River Falls Power Limited’s future growth.
The company plans to issue a total of 7 million right shares. This significant number indicates the company’s ambition and provides ample opportunity for existing shareholders to participate in this capital raise. This is all part of the wider investment strategy of the company.
This announcement is likely to generate a lot of buzz within the Nepali share market. Keep a close eye on the stock market for any updates or announcements regarding the right share issuance timeline. Be sure to consult with a financial advisor for personalized investment advice. Stay tuned for more updates on this exciting development in the Nepali share market! This is a good opportunity to consider some stock analysis. Don’t miss this chance to invest in Nepal.
