Chhyangdi Hydropower Limited (CHL) is auctioning the unclaimed portion of its right shares. The auction will open on 1st Chaitra and conclude on 9th Chaitra, 2078.

59,827 units of ordinary shares (unsold right shares) will be auctioned. This is the unclaimed portion of the rights offering that closed on Falgun 02, 2078. The issue had opened on 11th Magh. A total of 8,93,025 shares were issued to eligible shareholders at a par value of Rs. 100 per unit. 28,311 eligible applicants were allotted 8,33,191 shares. Thus, the remaining 59,827 shares will now be auctioned.

Rs. 100 is the minimum bid rate for the auction. While the minimum bid quantity for shares is 100 units, there is no upper limit. Although bidders…


Read full article at ShareSansar.com


Leave a Reply

Your email address will not be published.


You May Also Like

Budget positive but challenging for implementation: NCC – |

Nepal Chamber of Commerce (NCC) has observed that the budget government brought…

NAV of Mega Mutual Fund 1 Stands Below Par Value in the Month of Baisakh – |

The NAV report of “Mega Mutual Fund 1 (MMF1)” has been unveiled…

Too Many Bad News in Single Day: NEPSE Loses 2.17% and Closes at 2,661.44 – |

The NEPSE index closed at 2,661.44 today after losing 58.99 points from…

SEBON Approves 5 More Institutional Investors to Participate in IPOs Via Book-Building Process – |

Securities Exchange Board of Nepal (SEBON) has chosen five more institutions to…

Last Day to Apply for IPO of Emerging Nepal Limited – |

Emerging Nepal Limited is closing its IPO issue today. Investors have till…