Khani Khola Hydropower Rights Shares Deadline Extended! Invest in Nepal’s Future!
Are you interested in investing in the Nepal Stock Exchange? Here’s an important update! Khani Khola Hydropower Company Limited has announced an extension on the deadline to apply for their rights shares. If you were planning to buy shares in this exciting hydro project, now’s your chance!
Originally, the rights share application period began on August 18th (Bhadra 3rd). Good news – the Khani Khola Hydropower rights issue application deadline has been extended until September 16th (Bhadra 31st)! Don’t miss this extended opportunity to become a shareholder!
Rights Shares are being offered at a 1:1 ratio. This means for every one share you currently hold, you are eligible to purchase one new share. This rights offering involves a total of 4,657,143 rights shares, with a face value of NPR 100 per share, totaling NPR 465,714,300.
To be eligible for the rights issue, the company set a book close date of July 12th (Asar 27th). That means if you were a registered shareholder as of July 11th (Asar 26th), you’re eligible to apply. This is a great opportunity to grow your investment portfolio and invest in the hydropower sector in Nepal.
Investment Analysis:
ICRA Nepal has assigned an issuer rating of ICRA NP Single B to the company. This rating indicates a high risk in meeting financial obligations on time. Stock market investors should consider this when making their investment decisions.
How to Apply for Khani Khola Hydropower Rights Shares:
The issue manager for this rights offering is Citizens Capital Limited. You can submit your application at Citizens Capital and at various branches of Kumari Bank and Citizens Bank International. Additionally, you can apply through any C-ASBA (centralized application supported by blocked amount) participating banks and financial institutions. For added convenience, you can also apply online using the “Mero Share” system provided by CDS and Clearing Limited. Online share trading is more accessible than ever!
Don’t delay! Take advantage of this extended deadline to invest in Khani Khola Hydropower and explore stock market opportunities in Nepal. Consider this investment opportunity to diversify your investment portfolio!
