Rights Share Issuance by Highlife Agro and Foods Industries Limited

Highlife Agro and Foods Industries Limited has announced the sale of rights shares. A total of 2 million rights shares are being offered at a nominal value of NPR 100 per share.

Key Highlights:

Details of Rights Shares:

• Shareholders of the company can apply for rights shares in a 2:1 ratio.

• This means that for every 2 existing shares, shareholders can apply for 1 new share.

Application Process:

• Shareholders registered by Bhadra 13 are eligible to apply within 35 days.

• The application period started on Bhadra 13 and will end after 35 days.

Decision of the Special General Meeting:

• The special general meeting held on Bhadra 11 approved the proposal to sell the reserved shares as rights shares from the issued capital.

Shareholders are encouraged to take advantage of this opportunity to apply for rights shares, which opens the possibility for additional investment in the company.