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Today marks the final trading day in NEPSE for shareholders aiming to obtain the entitlement to buy shares of River Falls Power Limited (RFPL).
The firm is set to release 100% rights shares valued at Rs. 70 Crores by offering 7,000,000 (1: 1) units of rights shares to its current shareholders. Presently, the company’s paid-up capital stands at Rs. 70 Crores. Following the adjustment for the upcoming rights share, totaling 7,000,000 units, the paid-up capital is projected to rise to Rs. 1.40 Arba.
Prabhu Capital Limited has been designated as the issue manager.
The book closure date falls on 26th Shrawan, 2082. Hence, investors possessing shares prior to that date are eligible to apply for them.
