Shares

Api Power Company has received preliminary approval from the ERC to issue right shares at a 1:0.40 ratio. 5
Dividend

Api Power Company has received preliminary approval from the ERC to issue right shares at a 1:0.40 ratio.

The Electricity Regulatory Commission has given preliminary approval to Api Power Company Limited (API) to issue 16,533,137 units of right shares. On February 2, the board of directors proposed issuing 40% of the paid-up capital in right shares.  After adjusting for 7.5% bonus shares, the company’s paid-up capital will be Rs. 4.13 Arba.  As a result of the 1:0.40 (40% rights issue), the company’s paid-up capital will be increased to Rs. 5.78 Arba.  The company proposed issuing the right shares to pay off the debt of the projects that it is producing.

How Does The Stock Market Work? 11
Stock Exchange

How Does The Stock Market Work?

How does the stock market work? In a nutshell, the stock market is a market place for business people. Goods are sold to the public in a public market. However, in the stock market, the public is sold share. Shares are the form in which company stock is sold. When a person purchases more shares in

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