Right Share Deadline Extended Again for Khani Khola Hydropower!
Investing in the stock market can be tricky, but knowing about opportunities like this right share offering from Khani Khola Hydropower Company Limited is crucial. If you’re a stock investor in Nepal, pay close attention! The application deadline for their right share issuance has been extended for a second time.
Originally, the final date for applications was set for Bhadra 23rd. However, due to what the company cited as insufficient applications, the deadline was pushed to Bhadra 31st. Now, considering the impact of recent events—specifically, the nationwide protests—on stock market trading and investment activities, the company has decided to extend the application period once more, this time to Ashoj 6th.
This is great news for potential investors! This right share offering presents a significant investment opportunity in the Nepalese stock market. Khani Khola Hydro is issuing a massive 100% right share, aiming to raise capital equal to the existing paid-up capital of NPR 465,714,300. That means they’re offering 4,657,143 shares at a face value of NPR 100 per share.
To be eligible for this right share, you had to be a shareholder before the book close date of Ashar 27th. Existing shareholders who held shares as of Ashar 26th are entitled to apply for the right share.
If you’re looking to buy stocks or are currently a shareholder in Khani Khola Hydro, this extension gives you more time to apply for the right share. Don’t miss out on this chance to potentially increase your investment portfolio! Stay informed about stock market news and investment strategies to make the most of your investments in Nepal. Keep checking with your brokerage firm to learn how to apply for the right share and take advantage of this investment opportunity. Keep following Equity Nepal for more stock market updates and information on right share offerings!
