Modi Energy Obtains Right Approval from ERC

Feb 05, 2026 01:11 PM Merolagani



Modi Energy has obtained pre-approval from Electricity Regulatory Commission to issue 90 percent right share.

The company is set to issue 1:0.90029 right share to its existing shareholders after it obtains approval from Securities Board of Nepal .

The company has paid-up capital of Rs 2.90 billion which will reach Rs 2.61 billion after the right issue.

 




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