Thu, Apr 25, 2024
Electricity Regulatory Commission has approved 150 percent right shares of Ankhukhola Jalvidhyut Company (AKJCL).
The company will issue 1:1.5 right shares of its paid-up capital worth Rs 800 million.
The commission approved the right shares on June 1.
The right issue is subjected to be approved from its upcoming AGM.
The net profit of development banks has declined less compared to commercial banks and finance companies in the third quarter.