Arun Valley Hydropower Lists 1.86 Crore Right Shares on NEPSE


Arun Valley Hydropower Development Company Limited (AHPC) has listed 1,86,79,626 units of right shares on the Nepal Stock Exchange (NEPSE). Earlier, the company offered right shares to its shareholders in a 1:1 ratio, issuing 1,86,79,626 units from 17th Falgun to 7th Chaitra, 2080. Out of these, 1,66,87,492 units, representing 89.34%, were allotted to eligible shareholders.

The remaining 19,92,134 units of unsubscribed right shares were auctioned from the 10th to the 24th of Baisakh, 2081. The tentative cut-off price for these unsold right shares was set at Rs. 144.

All 1,86,79,626 units of right shares are now officially listed on NEPSE. Muktinath Capital Limited acted as the auction manager for this process.

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