Himalaya Urja to issue 200% Right Shares

Jan 29, 2023 02:36 PM Merolagani

Himalaya Urja Bikas Company (HURJA) is set to issue 200 percent right shares.

The company announced of issuing 1:2 right shares to its existing shareholders

The board of directors meeting of the company held on January 27 decided to issue the right shares.

The company will issue the right shares after Electricity Regulatory Commission and its upcoming AGM approve the right proposal.

The BOD meeting decided to utilize the fund so received by making long term loan payment of various BFIS.

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