API Power Company Limited has opened its rights offering to shareholders from today, i.e. on 25th Chaitra. The issue will close on 15th Baisakh, 2079.

In the rights offering of 1: 0.393632 ratio, a total of 1,08,60,000 units of right shares have been issued to eligible shareholders. Chaitra 14 was the book closure date. Thus, shareholders maintained before that day can apply for the rights offering.

However, some eligible shareholders have noticed that they can’t apply for the rights offering via Meroshare since this morning. The issue simply does not appear on the “Apply for Issue” section on Meroshare.

When Sharesansar contacted CDS and Clearing Limited, CDSC’s spokesperson Suresh Neupane informed us…


Read full article at ShareSansar.com


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