Tag: 50

  • “Ridi Power Company’s 50% Right Share Added to SEBON Pipeline”

    “Ridi Power Company’s 50% Right Share Added to SEBON Pipeline”


     

    SEBON, the Securities Exchange Board of Nepal, has included Ridi Power Company Limited’s right shares in its initial evaluation phase. This hydropower firm intends to offer 50% right shares amounting to Rs. 77.44 Crores. This will involve distributing 7,744,506 (in a 1:0.50 ratio) units of right shares to its current shareholders. With the company’s existing paid-up capital at Rs. 1.54 Arba, the implementation of these proposed right shares will lead to a new paid-up capital of Rs. 2.32 Arba.

     

  • “Liberty Energy (LEC) Gets ERC Approval for 50% Right Shares”

    “Liberty Energy (LEC) Gets ERC Approval for 50% Right Shares”


     

    The Electricity Regulatory Commission has given final approval to Liberty Energy Company Limited (LEC) to issue 1 right share for every 2 existing shares held by its shareholders. In its 11th, 12th, and 13th AGM held on 25th Baisakh, the company agreed to provide its shareholders with 50% right shares. The total value of these shares is Rs. 75 Crores, and this issuance will increase the company’s paid-up capital from Rs. 1.50 Arba to Rs. 2.25 Arba.