Kathmandu. Tehrathum Power Company has issued right shares from today. The company has issued 100 percent right shares of the existing paid-up capital.

The company has issued 4 million units of right shares worth Rs 400 million at the rate of Rs 100 per share.

The company has closed the book on May 15 to issue the right share. Only those who have been in office till May 30 can apply. Applications for right shares can be made till July 15. Nabil Investment Banking is its sales manager.

Applications can be made from Nabil Bangkok’s Chhatar, Myanglung, Fedapar Sankranti bazaar branches. Similarly, applications can also be made from Kumari Bank’s Menchiyam branch. The right shares can be applied from the Securities Board of Nepal to the banks and financial institutions that are members of the Securities Board of Nepal and my shares.

At present, the paid-up capital of the company is Rs 400 million. After the allotment of the right shares, it will reach Rs 800 million.