CDSC, in partnership with associated firms, has begun informing investors about the launch of rights shares through mobile messages, starting today (Bhadra 12th), to meet investor demands. The first batch of notifications has been sent to 38,327 out of 70,000 investors of Synergy Power Development Limited (SPDL). CDSC plans to send messages to the rest as well. However, the process is hindered by incorrect contact numbers (some not nine-digit) and even landline numbers provided by certain investors, posing difficulties in message delivery.
Highlights:
- Upper Tamakoshi Hydropower Limited Initiates Auction for Unclaimed Right Shares
- UMHL Approves 1:1 Rights Issue at 10th AGM
- TPC Proposes 100% Rights Share Issuance for Hydropower Project and Investments
- Sun Nepal Life Insurance Announces Right Shares Issue
- Star Micro Insurance Calls AGM to Discuss IPO Issuance Agenda