1,446,359 Shares of Himalaya Urja Bikas Company Up for Auction

Himalaya Urja Bikas Company plans to auction 1.446 million (1,446,359) shares.

Background of the Share Sale:

• Rights Shares Issued:

  • The company issued rights shares at a 100% ratio (1:1) of paid-up capital from Shrawan 24 to Bhadra 12.

  • A total of 9.9 million rights shares were made available for sale.

• Applications Received:

  • During the specified period, shareholders applied for 8,453,641 shares.

  • The allotment was conducted on Bhadra 25.

Auction Plan:

• Number of Shares for Auction: 1,446,359 remaining shares.

• Auction Process: The company will soon issue a notice regarding the auction.

Through this auction process, the company plans to sell the remaining shares and mobilize capital.