Last Chance Alert! Barun Hydropower Right Share Issue Closing Tomorrow!
Barun Hydropower Company Limited‘s right share application period ends tomorrow, August 4th! Don’t miss this opportunity to invest in a hydroelectric power company with promising potential. If you’re a shareholder and eligible, now is the time to act!
The right share issue, which opened on July 15th, offers a significant number of new shares to existing shareholders. The company is issuing an impressive 5,358,150 right shares, each with a face value of Rs. 100, representing a total investment of Rs. 535.8 million. This is a crucial investment opportunity for those looking to expand their stock portfolio and take advantage of the Nepalese stock market.
Remember, the book closure date was June 5th. This means only shareholders who held shares until June 4th are eligible to apply for this right share offering. Make sure you meet the criteria before proceeding.
Credit Rating and Key Details:
CARE Ratings Nepal has assessed Barun Hydropower with a CARE-NP BB rating. This indicates a moderate level of credit risk, which is crucial information for any prospective investor to consider when evaluating this investment.
How to Apply:
The issue is being managed by RBB Merchant Banking Limited. You can easily apply through various channels:
- RBB Merchant Banking
- Selected branches of Nepal Rastra Bank
- Participating banks and financial institutions offering C-ASBA services
- The convenient Mero Share online platform
Important Update:
As of Sunday at 10 AM, a remarkable 25,551 applicants had already applied for 3,162,775 units of right shares! This demonstrates strong investor interest in Barun Hydropower.
Final Deadline – Don’t Delay!
With the application period closing tomorrow, time is running out! Eligible shareholders are strongly encouraged to complete their applications promptly. This is your chance to potentially benefit from the growth of a renewable energy company in Nepal. Act now and don’t let this investment opportunity pass you by. This is a key moment in Nepalese stock market news.
