Shivashree Hydropower Rights Share: Key Dates and Details for Investors
Shivashree Hydropower Limited has made an exciting announcement for its shareholders! If you’re looking for investment opportunities and want to participate in the company’s growth, pay close attention to the upcoming rights share issuance. This is a crucial moment for current investors and those considering becoming a shareholder in this prominent hydroelectric firm.
The company has officially set the book closure date, which is a pivotal date for determining eligibility for the rights offering. The book closure will occur on Shrawan 16, 2081 B.S. This means that any investors holding Shivashree Hydropower shares until Shrawan 15 will be eligible to apply for the upcoming rights shares. So, if you want to buy shares or already own shares, mark these dates in your calendar! This is a key piece of financial news impacting the Nepalese stock market.
This rights share issuance is particularly attractive for those looking for stock market investments. The Securities Board of Nepal (SEBON) has already given its approval for the issuance of rights shares. The company is offering rights shares at a 100% rate of the existing paid-up capital. That’s a 1:1 ratio! This is a great opportunity to potentially increase your investment portfolio and share in Shivashree Hydropower’s future success.
What does this mean in terms of numbers? Shivashree Hydropower will be issuing a substantial amount of rights shares. Based on SEBON’s approval, the company will issue shares worth a significant amount, aligning with its current capital structure. A total of 1,47,64,000 units of rights shares will be issued at a face value of Rs. 100 per share. This presents a significant opportunity for shareholders to expand their holdings.
For those looking to navigate the investment process and understand the stock market, knowing the issue manager is crucial. Citizens Capital Limited has been appointed as the issue manager for this important rights offering. This means they will be handling the logistics and administration of the issuance.
Whether you’re a seasoned investor or new to the stock market, understanding these key dates and details is essential. Don’t miss out on this potential investment opportunity! Keep a close eye on the Shivashree Hydropower share price and the latest financial news for updates. Stay informed and make informed decisions about your investment strategy. This is a significant event for investors interested in the Nepalese stock market, specifically within the hydroelectric sector. Take advantage of this chance to potentially boost your investment returns!
