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Rapti Hydro issues right shares, extends application deadline 

Kathmandu. Rapti Hydro and General Construction Company has extended the time to apply for the right shares issued by the company.
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The time to apply for the right shares issued by the company has been extended since June 15. The company will now be able to apply for 100 percent right shares of the current paid-up capital till July 30. The deadline to apply has been extended as the application has not been received as per the demand.

The company TAG_OPEN_div_13 has issued 6,127,938 units of right shares worth Rs 612,793,800 at the rate of Rs 100 per share. The company has closed the book on May 15. Shareholders who have remained in office till May 30 will be able to apply.

Application TAG_OPEN_div_11 s can be made from Muktinath Capital, Muktinath Capital, Narayanchaur Naxal Kathmandu and Rapti Hydro’s Corporate Office, Tripureshwor, Kathmandu.  Similarly, muktinath bikas bank’s branch offices at Birtamod Jhapa, Biratnagar Morang, Birgunj-Parsa, Janakpur-Dhanusha, Narayangad-Chitwan, Pokhara Kaski (Chipledhunga), Butwal Rupandehi, Nepalgunj, Banke, Birendranagar Surkhet, Dhangadhi, Kailali and Mahendranagar Kanchanpur can apply.

Applications can be made through banks and financial institutions subscribed to TAG_OPEN_div_9 the Securities Board and my shares. At present, the paid-up capital of the company stands at Rs 612.79 million. After the issue of rights, it will reach Rs 1.22 billion.

 

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