Kathmandu. Arun Valley Hydropower Development Company Limited has been able to apply for the right shares till May 20. The deadline for applications for the right shares of the company, which was expelled on April 20, has been extended till April 10, considering the current dire situation.

The company has set a price target of Rs. The sale of 52 lakh 41 thousand 197 shares at a face value of Rs 100 has been opened. The current paid up capital is Rs. The company is going to sell the right shares in the ratio of 1: 4,82,39,400.

The paid up capital of the company is Rs. 1.52 billion 2.4 million. Only existing shareholders can apply for this right share till March 25, 2010. The sales manager is Muktinath Capital Limited. Along with the sales manager, all the banks and financial institutions participating in ASBA service can also apply from my share.