The Right share proposal of Radhi Bidyut Company Limited (RADHI) is in SEBON’s pipeline.
The company has submitted a proposal to the capital market regulator to issue a total of 1: 1.4752 or 9,535,760.99 shares. This will raise Rs. 95.35 crores for the company.
The application was submitted on Baisakh 28, 2079. Muktinath Capital Limited has been appointed the issue manager.
At present, the paid up capital of the company stands Rs 64.64 crore. Upon the adjustment of the proposed right shares, the final capital would be Rs 160 crores. Last year (FY 76/77) the company has provided 36.5% bonus share to its shareholders.
Radhi Bidyut Company Ltd is a public company incorporated on 05 Jestha, 2062 (May 19, 2005)…
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