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Himal Dolakha Hydropower Rights Share Issue

Himal Dolakha Hydropower Rights Share Issue
MR FINANCIAL

                 Himal Dolakha Hydropower Rights Share Issue

               

             


               Himal Dolakha Hydropower has issued rights shares from today, May 22. The company is going to issue rights from May 22. Currently, the company is about to issue 75 percent of its paid-up capital. In other words, it is going to issue 12 million right shares in the ratio of 1:0.75. According to which, this company will issue rights shares worth 1 billion 20 million rupees.



        The company has already closed the book on 27th Baisakh for vesting purposes. That is, permanent investors will be able to claim rightful shares till 26th of Baisakh.


*How long to apply?

 -You can apply from May 22nd to June 10th.


*Who is the sales manager?

- Lakshmi Capital Limited will be the issuing and selling manager of the rightful shares of the company.


*Where to apply?

- Applications can be made from Lakshmi Capital and Himal Dolakha Hydropower and Laxmi Bank's Ilam branch office. In addition to this, applications can be made through banks and financial institutions that have received an ASWA permit from the Securities Board and through My Shares.


*Rating

- Credit rating agency CARE Nepal has given CARE NP B Plus rating to this rightful share. This indicates that the ability to meet financial obligations is at high risk.

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