Application Deadline Extended for Barun Hydropower’s Right Shares Until Bhadra 3

Barun Hydropower Company Limited has extended the application deadline for its 1:1 ratio right share issuance. Investors can now apply for the 100% right shares until Bhadra 3. The issuance originally opened on Ashar 31.

The company is offering 5,358,150 right shares at a par value of NPR 100 each, totaling NPR 535.815 million. The rights are being issued at a 1:1 ratio — one new share for every one existing share held.

After allotment, the company’s paid-up capital will increase to NPR 1.07163 billion.

For the purpose of this issuance, the company had announced a book closure date on Jestha 22. Therefore, only shareholders who held shares until Jestha 21 are eligible to apply for the right shares.

RBB Merchant Banking Limited is the issue and sales manager for this offering. Applications can be submitted through RBB Merchant Banking and various branches of Rastriya Banijya Bank including Birgunj, Janakpur, Narayangadh, Baglung, Butwal, Nepalgunj, Birendranagar, Dhangadhi, Birtamod, Hetauda, Tulsipur, Mahendranagar, Chainpur, Khandbari, and Dharan.

Additionally, investors can apply through banks and financial institutions participating in the C-ASBA system, or via the “Mero Share” online portal.