Ankhukhola Hydropower Company Limited (AKJCL) has started offering right shares to its shareholders from today, 27th Shrawan. The company is issuing right shares in a 1:1.5 ratio, meaning for every one share owned, shareholders can purchase 1.5 additional shares at a price of Rs. 100 per share.
In total, AKJCL will issue 12 million right shares, amounting to Rs. 1.2 Arba. This move will increase the company’s paid-up capital from Rs. 80 Crore to Rs. 2 Arba after the right shares are fully subscribed.
Nabil Investment Banking Limited is managing the right issue. Shareholders who held shares before the book closure date on 1st Shrawan are eligible to participate. The subscription period runs from today until 16th Bhadra, 2081.
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