Barun Hydropower to Close Book on Jestha 22 for Upcoming Rights Share Issue

Barun Hydropower Company Limited has announced the book closure date for its upcoming rights share issuance. The company has set Jestha 22 (June 4) as the book closure date for the purpose of issuing rights shares.

Only shareholders who hold shares till Jestha 21 (June 3) will be eligible to apply for the rights shares.

Although the exact date for the issuance has not been fixed yet, the company has already received approval from the Securities Board of Nepal (SEBON) to issue 5,358,150 units of rights shares in a 1:1 ratio at a face value of NPR 100 per share.

Following the necessary procedures, the company will announce the issuance date and proceed accordingly.

Investors interested in acquiring rights shares must ensure their names are listed in the shareholder register by the book closure date.