Kathmandu. Today is the last day to apply for the right shares of Barun Hydropower Company Limited.

The company’s current paid-up capital of Rs 535.815 million since June 19 is 100 per cent i.e. Rs 1:1. It issued 5,358,150 units of right shares at a face value of Rs 100 each.

The company had closed the book for a day on June 27 for the purpose of issuing right shares. Therefore, only the shareholders who have been traded in NEPSE till June 15 will be eligible for the right purchase to be issued by the company.

RBB Merchant Banking Limited is the right issue and sale manager of the company. Investors can apply from rbb merchant banking as well as rastriya banijya bank’s Birgunj, Janakpur, Narayangadh, Baglung, Butwal, Nepalgunj, Birendranagar, Dhangadhi, Birtamod, Hetauda, Tulsipur, Mahendranagar, Chainpur, Khadbari and Dharan branches.

Similarly, banks and financial institutions participating in the C-ASBA service licensed by the Securities Board of Nepal and ‘My Share’ can also apply.