Barun Hydropower to Auction Unsold Right Shares

Oct 16, 2022 10:13 AM Merolagani



Barun Hydropower Company (BARUN) is set to auction 355,060 units of unsold right shares that went unsubscribed during its issuance.

The company will auction the shares from October 31 till November 7.

The interested bidders can bid for the shares at a minimum price of Rs 100. The bidders are required to bid for a minimum of 100 and maximum of all shares divisible by 10.

The company has appointed RBB Merchant Banking as its issue manager. The bidders can bid from Birgunj, Janakpur, Narayangadh, Baglung Bazar, Butwal, Nepalgunj, Birendranagar, Dhangadhi, Birtamod, Hetauda, Tulsipur, Mahendranagar, Biratnagar and Pokhara Branch of Rastriya Banijya Bank.

 




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