NRN Infrastructure & Development to Sell 1:1 Right Share
February 11, 2026 | Investopaper
NRN Infrastructure & Development Limited (NRN) is planning to sell right shares to the shareholders. 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.
For this purpose, the company has submitted an application to the Securities Board of Nepal (SEBON) on Magh 23, 2082 BS. Only after the approval from SEBON, the company can issue the right shares.
As of Poush’s end 2082 BS, NRN has a paid up capital of Rs 179.81 crores. The company will issue the right shares on this capital.
Hence, the company has plans to sell right shares worth Rs. 179.81 crores. After the right issue, the paid-up capital will reach Rs. 359.62 crores.
For this purpose, the company has appointed Prabhu Capital Limited as the issue and sales manager.
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