Ankhukhola Hydropower Company Limited (AKJCL) is closing its 1:1.5 ratio right share issue for shareholders at a par value of Rs. 100 today, 16th Bhadra 2081. The issue, which started on 27th Shrawan 2081, involves 150% right shares totaling Rs. 1.2 Arba (12,000,000 units), aimed at raising the company’s paid-up capital from Rs. 80 Crore to Rs. 2 Arba. As of 5 PM yesterday, 39,238 applicants subscribed to 86,69,420 units (Rs. 86.69 crore), covering 72.24% of the total offering. Nabil Investment Banking Limited is the issue manager, and only shareholders as of the book closure date on 1st Shrawan 2081 are eligible.
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Chart: Nepse Trading