Ghalemdi Hydro Auctioning 32.17 Lakh Unsold Right Shares from Today
January 23, 2024 | Investopaper
Ghalemdi Hydro Limited (GHL) is currently selling the unsold right shares in the auction. The auction is open from Magh 9, 2080 BS. The shares in the auction include:
Ordinary Shares: 32,17,724 units
Total: 32,17,724 units
Interested investors can submit the application for the purchase of the ordinary shares until Magh 23, 2080 BS.
The hydropower company had issued the right share in the ratio 1:2 from Mangsir 10, 2080 BS to Poush 16, 2080 BS. Out of the total 1,10,00,000 shares, 32,17,724 units of ordinary shares remained unsold. The company is planning to sell these shares in the auction.
The minimum price of the share will be Rs 100. When submitting a bid, the investor will have to apply at Rs 100 or above per share. Bidder at a higher price will receive the shares.
One can submit the bid for a minimum of 100 shares and maximum of full shares.
Muktinath Capital Limited is the sales manager for the auction of shares.
For full information regarding the auction, please visit the website of the sales manager.
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