SEBON, the Securities Exchange Board of Nepal, has included Ridi Power Company Limited’s right shares in its initial evaluation phase. This hydropower firm intends to offer 50% right shares amounting to Rs. 77.44 Crores. This will involve distributing 7,744,506 (in a 1:0.50 ratio) units of right shares to its current shareholders. With the company’s existing paid-up capital at Rs. 1.54 Arba, the implementation of these proposed right shares will lead to a new paid-up capital of Rs. 2.32 Arba.
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- “Himalaya Urja Bikas Company’s Right Shares Added to SEBON Pipeline for Preliminary Review”
- Chhyangdi Hydropower Company Limited Plans to Issue Right Shares
- SEBON Approves 35% Right Shares of Multipurpose Finance Company; Issue of 15.82 Lakh Shares Imminent
- Khani Khola Hydropower Company’s Rs. 46.57 Crore Right Share Issue Under SEBON Review
- Higher Operating and Interest Expenses Caused a 95.81% Drop in Ridi Power’s Net Profit Company to Issue 50% Right Shares