KATHMANDU, Dec 26: Balephi Hydropower Company Ltd has announced plans to issue right shares and has called a general meeting to endorse the proposal.
The company has scheduled its general meeting for January 13, where shareholders will discuss five ordinary agenda items and one special proposal related to the issuance of right shares.
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At present, Balephi Hydropower’s paid-up capital stands at Rs 3.65 billion. The company has not yet disclosed the ratio or timeline for the right share issuance.
Further details regarding the proposal are expected to be decided following approval from the general meeting.
