The Securities Board of Nepal (SEBON) approved the right offering on Jestha 9, 2078 BS. On Chaitra 12, 2078 BS, the company submitted the application to SEBON.
HIDCL will now issue 110,000,000 shares with a par value of Rs 100 each. As a result, the correct problem is Rs 11 Arba.
Global IME Capital Limited has been named as the issue and sales manager for the right offering by the company.