Chyyangdi Hydropower Seeks SEBON Approval to Issue Right Shares

Jun 08, 2023 08:54 AM Merolagani

Chyyangdi Hydropower has sought approval from Securities Board of Nepal (SEBON) to issue right shares.

The company applied for SEBON approval on June 5.

The company is planning to issue 1:1 right shares of its paid-up capital of Rs 386.9 million. As per this, the company will issue 3,869,775 units of shares at a face value of Rs 100.

the paid-up capital of the company will reach Rs 773.9 million after the right issue.

The coampny has appointed BOK Capital as issue manager for the right issue.

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