Terhathum Power Company Limited (TPC) has suggested giving 100% rights shares to its existing shareholders. This decision was taken during a meeting of the Board of Directors on Ashad 12, 2080. The main aim behind issuing these rights shares is to support the progress of the Khorunga Tangmaya Khola hydropower project, which has a capacity of 2 MW. Furthermore, the funds generated from the rights shares will be utilized for investments in other hydropower companies that provide dividends to their investors.
Highlights:
- “Ngadi Group Power Limited Proposes 100% Rights Shares for Shareholders to Address Funding Requirements”
- Synergy Power Development Company (SPDL) Announces Book Closure Date for 50% Rights Offering
- Exciting Opportunities Await: Ridi Power Company Calls Special General Meeting for Lucrative Rights Offering and Capital Amendment
- Barun Hydropower Company Limited (BARUN) Calls Special General Meeting to Discuss 1:1 Rights Offering and Amendments
- Arun Valley Hydropower Development Company (AHPC) Receives Final Approval for 1:1 Right Share Issuance