Ngadi Group Power To Issue 1:1.5 Right Share From Shrawan 18

August 3, 2022 | Investopaper

Ngadi Group Power Limited (NGPL) is going to issue the right shares to the shareholders in the ratio 1:1.5. This means that shareholders with 100 shares can apply for the additional 150 shares.

The right issue will open from Shrawan 18, 2079 BS. Shareholders purchasing the shares of NGPL until Ashad 19, 2079 BS can apply for the right shares.

The hydropower will issue 10,603,986 shares. At a par value of Rs. 100, the right issue amounts to Rs. 1.06 Arba.

At present, NGPL has a paid-up capital of Rs. 70.69 crores. After the right issue, the paid-up capital will reach Rs. 176.73 crores.

The annual general meeting (AGM) of the company held on Ashwin 3, 2078 BS has already approved the issue of right shares. Likewise, the company has also received permission from the Electricity Regulatory Commission.

Securities Board of Nepal (SEBON)  granted the permission to the company on Ashad 9, 2079 BS for the issuance of right shares. The company had submitted the application to the board on Jestha 09, 2079 BS. Only after the approval from SEBON, the company can float the shares.

The company has appointed Siddhartha Capital Limited as the issue and sales manager.

Suggested Readings:

Upcoming Right Share/Issue In Nepal

How To Apply IPO/FPO/Right Share Through Mero Share?


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4 thoughts on “Ngadi Group Power To Issue 1:1.5 Right Share From Shrawan 18

  • March 6, 2022 at 8:22 am

    Ahile Samma NGPL KO Right Share 1:2 ko Anupat Ma Aako Chhaina Dherai Late Vayo Kina Dhilo Vayi Raakhe ko Cha Please Ask From Company And Give Us Answer About This issues Which Is Delay Thank You.

  • July 2, 2022 at 1:52 pm

    Tomorrow is closing of NGPL right share 1:1.5,but u know it doesn’t display or option for reserved.It doesn’t show nor apply neither current option in Mero share.So how we apply the right share.

  • July 2, 2022 at 2:19 pm

    Hello Dear,
    Bholi NGPL ko right closing i.e.(1:1.5 )Tara kasari apply garne ho right share,can anyone suggest.

    • July 3, 2022 at 5:48 am

      Right share kaha bata kasari kinna sakinchha hola any idea pls


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