Khani Khola Hydropower Extends Rights Share Application Deadline Until September 16

Khani Khola Hydropower Company Limited has extended the deadline for its ongoing rights share issue, which opened on August 19 (Bhadra 3).

The application period, which was initially set to close on September 8 (Bhadra 23), has now been extended until September 16 (Bhadra 31) due to insufficient applications received within the earlier deadline.

The company is issuing 4,657,143 units of rights shares at a 1:1 ratio (one rights share for every one share held) at a par value of Rs. 100 per share, amounting to its current paid-up capital of Rs. 465.71 million.

For this purpose, the company had already announced a book closure on July 11 (Ashadh 27). Shareholders recorded in NEPSE until July 10 (Ashadh 26) are eligible to apply for the rights issue.

The issue manager for Khani Khola Hydropower’s rights offering is Citizens Capital Limited.