Chhyangdi Hydropower Limited (CHL) is opening the bids received in the auction of its shares. The bids will be opened at the premises of the auction manager Global IME Capital starting at 3 pm today, i.e. Chaitra 17.

The auction for the hydropower company’s right shares opened on 1st Chaitra and concluded on 9th Chaitra, 2078 at the end of banking hours. 59,827 units of ordinary shares (unsold right shares) were auctioned. This is the unclaimed portion of the rights offering that closed on Falgun 02, 2078. The issue had opened on 11th Magh. A total of 8,93,025 shares were issued to eligible shareholders at a par value of Rs. 100 per unit. 28,311 eligible applicants were allotted 8,33,191 shares. Thus, the…


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