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Tag: Upper
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Upper tamakoshi rightshare not allotes
I’ve applied for this upper tamakoshi right share at least 2 months ago i think no sign of allotment.
Money is in hold for this longer period what is this.
Does anyone have idea about it?
View on r/NepalStock by Shishirc25
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Upper Tamakoshi Hydropower’s 100% Right Shares Issue Falls Short on Subscriptions
Upper Tamakoshi Hydropower Company’s attempt to issue 100% right shares didn’t get full support from its shareholders. The company aimed to boost its paid-up capital through this offering.
They offered existing shareholders a 1:1 ratio of right shares, each valued at Rs. 100. Shareholders could subscribe from the 18th of Bhadra to the 22nd of Ashwin, 2080. A total of 105,900,000 right shares, worth Rs. 10.59 Arba, were available. If successful, this would have increased the company’s paid-up capital to Rs. 21.18 Arba.
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Missed to apply for the right shares of UPPER
My father has 200 kittas of UPPER. I was constantly reminding him to apply for the right share over the last 1 month. However, he was too ignorant because he didn’t want to block the amount of 20k as there was plenty of time remaining to apply.
Today was the last day to apply for the right share of UPPER. He did apply it today morning though. However, it turned out that there wasn’t enough balance in his account. At around 3:45 pm, the bank messaged him that the right share application of UPPER is rejected due to insufficient funds and to maintain sufficient balance and reapply. He saw this message only after 5 pm and it’s too late now.
Is there any way, any solution for this? It would be a big loss if we lose those right shares.
View on r/NepalStock by Yuyutsuuu
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Right share of upper tamakoshi ….
Recently I have heard that upper is issuing right share 1:1 and as my close ones have share of upper but not in digital format.will they be eligible for the right share
View on r/NepalStock by OkPlatypus3131
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UPPER not showing in meroshare and cannot fill right for it
I think my father got those shares( probably from NLKosh. So these shares should automatically show in his demat or else what should be done? I don’t know if he has certificates.
Please give me sure shot answers.
View on r/NepalStock by GreenTumbleweed9545
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upper tamakoshi reserved right share
my both parents have upper tamakoshi ordinary shares of around 300 each, recently they have announced 100% reserved right share, should i apply 100% or not…pls someone suggest me..
View on r/NepalStock by DistributionNo2603
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Would it be a waste of money to apply for the Upper Tamakoshi right share?
The stock seems pretty bad right now at around Rs 200. Would it be better to invest the money on other companies instead?
View on r/NepalStock by manymanymeny
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“IPO Shares of Upper Lohore Khola Hydropower Listed on NEPSE with Opening Ranges”
The Upper Lohore Khola Hydropower Company Limited has successfully listed 50,98,040 units of its IPO shares on the Nepal Stock Exchange (NEPSE). This figure includes shares held by the company’s promoters as well as shares issued to the general public and project-affected locals.
For the first trading day, the IPO shares will be available in a price range of Rs. 97.87 to Rs. 293.61. If the company enters into an agreement with NEPSE, these shares will become tradable in the secondary market on the following day.
Out of the total shares offered, which are valued at Rs. 50.98 Crore, 19,53,279 units worth Rs. 19.53 Crores were made available to the general public during the IPO period, which ran from the 18th to the 22nd of Shrawan in the year 2080.
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Upper Tamakoshi Hydropower Limited has made the decision to extend the deadline for its rights offering
Upper Tamakoshi Hydropower Limited has made the decision to extend the deadline for its rights offering. The company originally initiated its rights offering on the 18th of Bhadra, 2080, with the intention of closing the offering on the 7th of Ashwin. However, as per an official notice, the rights offering period has been extended, and it will now conclude on the 22nd of Ashwin, 2080.
This rights offering involves Upper Tamakoshi Hydropower issuing 100% right shares, totaling Rs. 10.59 Arba, through the issuance of 105,900,000 units of right shares to its existing shareholders. Following the adjustment for the proposed right shares, the company’s paid-up capital will see a substantial increase, reaching Rs. 21.18 Arba.
Sunrise Capital Limited has been appointed as the issue manager responsible for overseeing this rights issue, ensuring its smooth execution and adherence to regulatory procedures.
The book closure date for this rights offering had initially been set for the 26th of Shrawan, 2080. Consequently, shareholders who have maintained their holdings until this specified date will be considered eligible to participate in the rights offering, allowing them the opportunity to subscribe to additional shares in the company.
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“Upper Tamakoshi Hydropower’s Offer Letter Released for Right Shares Issue Opening on Bhadra 18”
Upper Tamakoshi Hydropower Limited has released an offer letter to introduce its 100% rights shares. As per the publicly disclosed offer letter, the company plans to accept applications for these right shares at a 1:1 ratio, or 100%, from the 18th of Bhadra to the 7th of Ashwin, 2080.
The hydropower firm intends to distribute 105,900,000 units of right shares, totaling Rs. 10.59 Arba, to its existing shareholders. This issuance will lead to a subsequent increase in the company’s paid-up capital to Rs. 21.18 Arba following the adjustment of the proposed right shares.