Right Share Allotment of Aankhu Khola Hydropower Company

Aankhu Khola Hydropower Company has completed the allotment of its rights shares issued at a 1:1.5 ratio for the existing shareholders as of Asar 31.

Details of Rights Share Issuance:

• The company had issued 12 million (1.2 crore) rights shares with a face value of NPR 100 per share.

• On Bhadra 30, a total of 10,249,752 shares were allotted to 41,362 shareholders.

Auction Process:

• The remaining 1,750,248 shares, which were not allotted, will be sold through an auction process.

Refund of Amount:

• The company has informed that the refund for the unsubscribed rights shares will be credited to the respective applicants' bank accounts via IPS from Friday, Asoj 4.

Aankhu Khola Hydropower Company has completed its rights share allotment process and is preparing to sell the unsubscribed shares through an auction. The amount for the unsubscribed shares will also be refunded to the applicants soon.