NHPC Lists Right Shares on NEPSE After Successful Allotment and Auction

NHPC Lists Right Shares on NEPSE After Successful Allotment and Auction

National Hydro Power Company Limited (NHPC) has successfully listed 82,21,459.7178 units of right shares on the Nepal Stock Exchange (NEPSE). The company had previously issued these right shares to its shareholders at a ratio of 10:5, allowing them to subscribe to the offering from 29th Ashad to 18th Shrawan, 2080.

Of the total 82,21,459.7178 unit right shares made available, eligible shareholders of NHPC submitted applications for 68,84,717 units, and these shares were duly allocated to the applicants.

Subsequently, the company organized an auction for the remaining 13,36,742.7178 units of unsubscribed right shares, which took place from 13th Bhadra to 24th Bhadra, 2080. The auction was managed by Muktinath Capital.

At the time of reporting, NHPC’s Last Traded Price (LTP) stands at Rs. 145. This information provides an overview of the company’s recent financial activity and share performance in the market.

Comments

No comments yet. Why don’t you start the discussion?

Leave a Reply

Your email address will not be published. Required fields are marked *