Kalinchowk Darshan Limited (KDL) to Sell 1:1 Right Share
December 23, 2024 | Investopaper
Kalinchowk Darshan Limited (KDL) is planning to sell right shares to the shareholders. As informed on Nepse, the company has decided to float the right shares in the ratio 1:1. This means that the shareholders with 100 shares can apply for the additional 100 shares.
As of Ashwin’s end 2081 BS, KDL has a paid up capital of Rs 60 crores. Hence, the company has plans to sell right shares worth Rs. 60 crores. After the right issue, the paid-up capital will reach Rs. 120 crores.
Kalinchowk Darshan Limited (KDL) is operating a cable car service in Kalinchowk.
After receiving endorsement from the upcoming annual general meeting, the company will begin the procedures for the right offering.
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