Last Chance! Peoples Power Limited Rights Share Deadline Extended! – Invest in Nepal’s Power Sector
Are you an existing shareholder of Peoples Power Limited? Have you been meaning to apply for their rights share but haven’t gotten around to it yet? Well, now’s your chance! The deadline to apply for the Peoples Power Limited rights share has been extended, giving you a bit more time to secure your investment in this promising hydro power company in Nepal.
The original deadline of July 12th (Asar 26th) has been extended! This is fantastic news for investors who may have missed the initial window.
What You Need to Know About the Peoples Power Limited Rights Issue
Peoples Power Limited is issuing a rights share at a ratio of 1:0.5. This means for every 10 shares you currently own, you are entitled to apply for 5 new shares. The rights share is being offered at a face value of NPR 100 per share. This is a great opportunity to increase your holding in the company at a potentially favorable price. The rights share is a great way for existing shareholders to take advantage of potentially lucrative investment opportunities.
Key Dates and Information
- Application Deadline: Extended to July 12th (Asar 26th)
- Issue Size: 3,163,000 units
- Ratio: 1:0.5 (5 shares for every 10 shares held)
- Price per share: NPR 100
- Book Close Date: June 16th, which means only shareholders on the record date of June 15th can apply.
Why Invest in Peoples Power Limited? – Hydro Power in Nepal**
Investing in Peoples Power Limited is an investment opportunity in the burgeoning hydro power sector in Nepal. As the demand for renewable energy grows, hydroelectric projects are becoming increasingly vital. By investing in Peoples Power Limited, you are supporting the development of sustainable energy resources and participating in the economic growth of Nepal. This is a strong bet for long-term investment in the Nepalese stock market. Do your due diligence and explore this investment strategy!
How to Apply for the Rights Share
If you are an eligible shareholder (holding shares as of the book close date), you can apply for the rights share through various channels, including your brokerage firm. Consult with your financial advisor for the best way to proceed. Be sure to carefully review the application process and complete all necessary documentation before the extended deadline of July 12th (Asar 26th). Don’t miss this opportunity to invest in the stock market!
Don’t Delay – Apply Today!
With the extended deadline, there’s still time to capitalize on this investment opportunity. Don’t miss out on the chance to increase your Peoples Power Limited holdings. Review your portfolio today, and take advantage of this rights issue to grow your investment. Explore this stock market opportunity!
