After a 30% rights offering, Chhyangdi Hydropower (CHL) proposes issuing an additional 40% of rights

After a 30% rights offering, Chhyangdi Hydropower (CHL) proposes issuing an additional 40% of rights » Meroshare

After already-endorsed 30 percent right shares, Chhyangdi Hydropower Company Limited (CHL) has proposed issuing 40 percent right shares on the paid-up capital.

On Poush 29, 2076, the 6th Annual General Meeting (AGM) approved a 30 percent right share on the paid-up capital of Rs. 28.35 crores. SEBON, the regulatory board, is currently reviewing the idea.

Hydropower businesses can issue right shares to complete the remaining construction work of a project if it can’t be completed with original resources, according to the Nepal

Read the full story at earnmoney.com.np



Read the full article at Nepal123.com