Dordi Khola Hydropower Company Approved to Issue Rs. 60.82 Crore Rights Shares by Regulator
Dordi Khola Hydropower Company has received regulatory approval to issue rights shares worth Rs. 60.82 crore. The company initially intended to issue shares at a ratio of 1:0.56 of its paid-up capital, but the Nepal Electricity Regulatory Commission has approved a reduced ratio of 1:0.28. Currently, the company’s paid-up capital stands at Rs. 210.85 crore. This issuance provides an opportunity for existing investors to buy more shares proportionate to their current holdings, potentially diluting share value but raising capital for expansion. For everyday investors, understanding this move means recognizing a chance to increase ownership or prepare for possible price adjustments once shares hit the market.
- Dordi Khola Hydropower's rights share issuance of Rs. 60.82 crore signals capital expansion—key for investors to watch closely!
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Dordi Khola Hydropower Company has received regulatory approval to issue rights shares worth Rs. 60.82 crore. The company initially intended to issue shares at a ratio of 1:0.56 of its paid-up capital, but the Nepal Electricity Regulatory Commission has approved a reduced ratio of 1:0.28. Currently, the company’s paid-up capital stands at Rs. 210.85 crore. This issuance provides an opportunity for existing investors to buy more shares proportionate to their current holdings, potentially diluting share value but raising capital for expansion. For everyday investors, understanding this move means recognizing a chance to increase ownership or prepare for possible price adjustments once shares hit the market.
Source:bizmandu.com
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