Barun Hydropower Company Limited (BARUN) is commencing the launch of its 100% rights shares effective today, namely on the 31st of Ashadh, 2082, continuing until the 19th of Shrawan, 2082.
The firm will be releasing 100% right shares valued at Rs. 53.58 Crores through the offering of 53,58,150 (1: 1) units of right shares to its current shareholders. The existing paid-up capital stands at Rs. 53.58 Crores. With the integration of the proposed right shares, totaling 53,58,150 units, the company’s paid-up capital will rise to Rs. 1.07 Arba.
RBB Merchant Banking Limited has been designated as the issue manager.
The book closure date was the 22nd of Jestha, 2082. Hence, investors who held shares prior to this date are eligible to apply for the shares.
