Liberty Energy Gets Approval to Sell Rights Shares

The Nepal Securities Board has granted approval to Liberty Energy Company Limited to sell 50% rights shares. The board has allowed the company to issue 7.5 million rights shares at a ratio of 1:0.50.

To manage the sale of these rights shares, the company has appointed Prabhu Capital as the sales manager. Currently, Liberty Energy’s paid-up capital is NPR 1.5 billion. After the issuance of the rights shares, the company’s paid-up capital will increase to NPR 2.25 billion.

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