Himalayan Hydropower Limited (HHL) has extended its deadline for its IPO issue of 9,00,000 units shares for the project-affected locals of Kaski district (Madi VDC).
The company has been issuing 9,00,000 shares at a par value of Rs. 100 per share for the project affected locals from 25th Baisakh and was supposed to conclude today i.e 8th Jestha. However, the issue is still unsubscribed, the deadline has been extended till 16th Jestha, 2079.The company has registered shares (issued capital) of which 1,09,50,000 shares worth Rs. 1.09 Arba out of which 9,00,000 units will be issued to the project affected locals of Madi Rural Municipality of Kaski District. This is 8.22% of the company’s paid-up capital.
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