NEPSE adjusted the stock price at Rs 243.05 after adjusting 100 percent right shares. The last trading price of the stock was Rs 286.10 on August 10.
The company is issuing 1:1 right shares to its existing shareholders. Accordingly, it will issue 105,900,000 units of right shares having face value of Rs 100 that worth Rs 10.59 billion.
Currently, the company has a paid-up capital of Rs 10.59 billion that will reach Rs 21.19 billion after the right issue.
The company has appointed Citizen Investment Trust and Sunrise Capital as issue manager.
