Khani Khola Hydropower Allots Rights Shares!
The rights shares of Khani Khola Hydropower Company Limited have been allotted. The company conducted the issuance of rights shares from August 20th to September 21st.
This rights issue, available to shareholders registered until July 11th, offered 4,657,143 rights shares at a price of Rs 100 per share, on a 1:1 ratio. During the issuance period, 4,197,794 rights shares were successfully allocated to eligible shareholders.
Remaining, unsubscribed rights shares, totaling 459,349 units, will soon be auctioned off through a competitive bidding process. Citizens Capital Limited served as the issue manager for this offering. Keep an eye out for updates on the auction date and details regarding how to participate in the auction process to grab those remaining shares in this exciting hydropower company! This is a great opportunity for investors interested in the energy sector.
