Kathmandu. Joshi Hydropower Development Company has issued rights shares.

The company has issued right shares from today. The company has issued 65 percent of the paid-up capital of the company.

At present, shareholders holding 1 unit of shares can apply for right shares in the ratio of 0.65 units. The company has issued 2,414,100 units of right shares worth Rs 241.41 million at the rate of Rs 100 per share.

The company, which has issued the right shares, has closed the book on June 15. The shareholders who have remained in office till June 15 will be able to apply for the right shares issued by the company. Applications can be submitted till August 30.

Laxmi Sunrise Capital Limited is the sales manager of the company. Applications can be made from Laxmi Sunrise Bank’s Ilam branch.

Similarly, applications can be made from the Securities Board of Nepal through banks and financial institutions with C Ashwa members and my shares.

At present, the paid-up capital of the company stands at Rs 371.4 million. After the issue of rights, it will reach Rs 612.81 million.