Kathmandu. Arun Valley Hydropower Development Company is opening the issue and sale of right shares. The company is currently about to issue 100 percent of the paid-up capital.

The company is currently about to issue 1 new share equal to 1 existing share. The company will sell 1 crore 86 lakh 79 thousand 626 right shares of the paid-up capital equal to 1 billion 86 crore 79 lakh 62 thousand 600 rupees with a face value of 100 rupees per share.

The company had closed its books on January 15 for the purpose of issue of rights shares. According to this, until January 14th, the shareholders who have registered their business in NEPSE can apply for the rightful shares. You can apply for right shares of the company till 7th of Chait 2080.

Muktinath Capital is the rightful share issue and sales manager of the company. Investors can apply through the designated branch offices of Sales Manager, Muktinath Bikas Bank and Global IME Bank. In addition, the company said that applications can be made through Siaswa member banks and financial institutions and through my shares.

Care Rating Nepal has given Care NP Double B Minus Issuer Rating to the company. This indicates that there is moderate risk in the ability to bear financial obligations on time.