Siti Hotel Limited Announces Rights Share Issue: Closing of Shareholders’ Register
Are you an investor looking for investment opportunities in the Nepali stock market? Then pay close attention! Siti Hotel Limited, a prominent name in the hospitality sector in Nepal, has announced a rights share issue, offering a chance for existing shareholders to increase their investment portfolio. This is a great opportunity for stock market investors to buy stocks and invest in Nepal.
Siti Hotel Limited has declared it will close its shareholder register to determine eligibility for the upcoming rights issue. This is a crucial step in the share issuance process, ensuring only registered shareholders can participate.
The rights issue involves the offering of new shares to existing shareholders at a predetermined ratio. In this case, Siti Hotel Limited is issuing new ordinary shares at a ratio of 1:0.8, meaning that for every one existing share held, shareholders can apply for 0.8 new shares. The face value of each share is NPR 100. The total issue will be for 1,33,92,000 shares. This share issuance is an important event in Nepali stocks.
The crucial date to remember is August 12, 2025 (Shrawan 27, 2082 B.S.). The shareholder register will be closed on this date. To be eligible for the rights issue, shareholders must be registered in the company’s records as of one day prior to the closure date – that’s August 11, 2025 (Shrawan 26, 2082 B.S.). This means you must have traded the stock and been recorded as a shareholder by the end of the trading day on August 11, 2025.
Interested investors should keep a close eye on the Nepal Stock Exchange (NEPSE) to ensure they meet the criteria for participating in the rights issue. This is your chance to increase your stake in Siti Hotel Limited. By increasing your stock holdings, you have a chance to get investment returns and make money in Nepal.
This rights issue from Siti Hotel Limited presents a valuable investment opportunity for existing shareholders to expand their investment portfolio. It also underscores the growth and development within the Nepali economy. The hospitality industry in Nepal is booming. Make sure to buy stocks to start or expand your investment portfolio today!
Stay tuned for further updates and investment advice as we follow the progress of this rights issue. This stock market news is important for investors!
