Auction of Shares by Aankhu Khola Hydropower Company: Applications Open from Ashwin 11

Aankhu Khola Hydropower Company is set to auction 1,750,248 unsold ordinary shares from its recent rights issue. The auction will commence on Ashwin 11 (September 27) and will remain open for applications until Ashwin 20 (October 6).

Auctioned Shares:

• Aankhu Khola Hydropower Company will auction 1,750,248 ordinary shares that were not sold during the rights issue.

• The auction process will begin on Ashwin 11 and applications can be submitted until Ashwin 20.

Price:

• The current market price of the company's shares is NPR 207 per share.

• Investors can bid for a minimum of 100 shares and up to the maximum available shares.

Application Process:

• Application forms will be available at Nabil Investment Banking’s Naxal office and various branches of Nabil Bank.

• A fee of NPR 100 will be charged for obtaining the application form.

Previous Auction of Shares by Himalayan Energy Company:

• Himalayan Energy Development Company is auctioning 1,446,359 ordinary shares from Ashwin 7 to Ashwin 14.

• The current market price of Himalayan Energy’s shares is NPR 223.10 per share.

Investors interested in participating in the auction of Aankhu Khola Hydropower Company’s shares should ensure timely submission of their applications. Additionally, investors may also consider the ongoing auction of Himalayan Energy Company’s shares.