HIDCL share price 343 after Adjustment 100 percent Right Share

Jun Sat 2021 10:38:02

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HIDCL share price 343 after Adjustment 100 percent Right Share

Kathmandu. Nepal Stock Exchange (NEPSE) has adjusted the share price of Hydroelectricity Investment and Development Company (HIDCL).

The company's final price on Thursday was Rs. 588 on the basis of price adjustment. 343 is specified. Shares of the company will start trading on Sunday based on the adjusted price. The company had received permission from the Nepal Securities Board on May 22 for the issue of right shares.

The board has set a target of Rs. In the ratio of 1 to 1 at the face value of Rs. Permission has been granted for the issuance of 110 million shares equal to Rs 11 billion. Currently, the company's paid-up capital is Rs. 16.50 billion. Global IME Capital Limited is the manager of the sale of these rights shares.