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Upper Hewakhola Hydropower applies to SEBON for 91.3 percent rights share issuance
Upper Hewakhola Hydropower Company Limited has sought approval from the Nepal Securities Board (SEBON) to issue 91.3 percent rights shares. The company plans to issue 5.25 million rights shares at a face value of NPR 100 per share.
October 16, 20261 min read4 views
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Upper Hewakhola Hydropower Company Limited has applied to the Nepal Securities Board (SEBON) for permission to issue 91.3 percent rights shares. If approved by SEBON, the company will issue rights shares to existing shareholders at a ratio of 1:0.913.
Accordingly, the company is set to issue 5.25 million rights shares at a face value of NPR 100 per share.
The issue and sales manager for the company's rights share issuance is Reliable Investment and Merchant Capital Limited.