HIDCL Fixes Book Close Date for Right Issue

May 31, 2021 11:22 AM Merolagani



Hydroelectricity Investment and Development Company (HIDCL) has fixed book close date for its upcoming right issue.

The board of directors meeting of the company held on May 29 decided to close the book on June 11 for the right issue.

Thus, the shareholders registered in its book till June 10 will be eligible to apply for the right shares.

The company will issue 110 million units of right shares at a ratio of 1:1.

The company will disclose the date of the issue later.

The company has appointed Global IME Capital as its issue manager.




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