Sayapatri Hydropower to Issue Right Issue

Nov 18, 2024 10:41 AM Merolagani



Sayapatri Hydropower is set to issue right issue.

The 76th board of directors meeting of the company held on November 17 decided to issue 1:1 right shares to its existing shareholders.

The proposal of subjected to approval from Electricity Regulatory Commission and its upcoming AGM.

As per the company, it is issuing the right shares to repay loans and liabilities as well as for the maintenance of Daram Khola ‘A’.




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