SEBON Approves Right Issue of National Hydropower Company

Jun 08, 2023 08:59 AM Merolagani

Securities Board of Nepal (SEBON) has approved right issue of National Hydropower Company (NHPC).

The board approved the right issue on June 5.

The company is planning to issue 1:0.5 right shares of its paid-up capital. As per this, the company will issue 8,221,459.71 units of shares worth Rs 822.1 million.

The paid-up capital of the company will reach Rs 2.46 billion after the right issue.

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

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