River Falls Power Limited Announces Right Share Book Close Date: Investment Opportunity Alert!
Are you looking for investment opportunities in the Nepalese stock market? Then pay close attention! River Falls Power Limited, a leading player in the hydropower sector, has just announced the book close date for its upcoming right share issuance. This is significant news for investors seeking to expand their portfolio with potentially profitable energy stocks.
The company has set the book close date for right shares sale to the public on August 11th, 2024 (Srawan 26th, 2081 in the Nepali calendar). This means that only shareholders registered on or before August 6th, 2024 (Srawan 22nd, 2081) will be eligible to participate in the right share offering. Investors who own River Falls Power Limited stock before this cut-off date will have the right to purchase new shares at a pre-determined price.
Currently, River Falls Power Limited boasts a paid-up capital of NPR 700 million. After the successful issuance of the right shares, the company’s paid-up capital is projected to reach NPR 1.4 billion, signaling potential growth and stability for the company. This increase in capital will likely fuel further expansion and projects for River Falls Power Limited.
Hydropower is a crucial sector for Nepal’s economic development, offering a sustainable energy solution. Investing in companies like River Falls Power Limited allows you to participate in the growth of this important industry. For those interested in stock market updates and investment strategies, staying informed about book close dates and right share offerings is vital. Make sure to research River Falls Power Limited thoroughly before making your investment decisions. Check with your financial advisor to assess the risks and rewards associated with this investment opportunity. Don’t miss out on this potential opportunity to increase your portfolio value! Keep following for the latest updates on Nepalese stock market news.
