Radhi Vidhyut Company to issue 147% right shares

May 31, 2021 10:47 AM Merolagani

Radhi Vidhyut Company (RADHI) is set to issue the right issue. The board of directors meeting of the company held on May 30 decided to issue 147.52 percent right issue.

The company will issue 147.52 percent right issue of the paid-up capital maintained after 36.5 percent bonus share. The agenda will be proposed on the upcoming 15th AGM.

Following the right issue, its paid-up capital will reach Rs 1.60 billion.

 

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