KATHMANDU: Hydroelectricity Investment and Development Company Ltd (HIDCL) is making preparations to issue right shares worth Rs 11 billion.
The company has set June 11 for a book closure to this effect. The Securities Board of Nepal (SEBON) on May 23 had given permission to the company to issue rights shares.
Only who are enlisted as shareholders on Nepal Stock Exchange (Nepse) by June 10 are eligible to apply for rights shares.
The company will issue 110 million units of rights shares for sale.
Comment