Chirkhwa Hydropower to Issue 4 Million Rights Shares Worth NPR 400 Million

ictframe.com · 2 days ago

Chirkhwa Hydropower Limited announced plans to issue 4 million rights shares, aiming to raise NPR 400 million as part of its capital expansion strategy. RBB Merchant Banking Limited has been appointed as the issue and sales manager for this equity offering. Existing shareholders will be eligible to apply for one new share for every share they hold, in a one-to-one ratio, allowing them to maintain their proportional ownership.