In a public announcement on the 7th of Kartik, the Hydroelectricity Investment and Development Company Limited (HIDCL) announced that it has allotted 32,29,794 units ordinary shares (unsold right shares) to the general public. Beginning on the 7th of Kartik in the year 2078, the firm will reimburse money to non-allottees.
The bids received in the auction of the company’s unclaimed right shares had been opened by the auction management on Ashoj 22 by the auction manager. The auction manager for the auction has been named as Global IME Capital & Partners.
The auction had begun on the 7th of Ashwin and ended on the 14th of Ashwin at the conclusion of banking hours, according to the calendar. It was decided to auction 3,300,000 units of promoter right shares and 32,29,794 units of ordinary right shares. When the rights issue closed, the amount remaining unclaimed by eligible shareholders was calculated. Anyone could participate in the auction, including individuals, institutions, and cor
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