Kathmandu. Today is the last day to apply for the right shares issued by Terhathum Power Company Limited.

The company has been issuing right shares in the ratio of 1:1 since June 1. The company has issued 4 million units of right shares worth Rs 400 million at the rate of Rs 100 per share.

The shareholders who have been in office till May 30 will be able to apply for the right share. The book has been closed on May 15.

Nabil Investment Banking is its sales manager. Nabil Bank’s Chhatar, Myanglung, Fedapar Sankranti Bazaar branch offices and Kumari Bank’s Menchiyam branch offices can apply for the right. Similarly, applications can be made from the Securities Board of Nepal through C Ashwa Bank and Financial Institution and My Shares.

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