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(PPL)People's Power Rights Share Application Deadline Extended Until Shrawan 26

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NEPSE TRADING

(PPL)People's Power Rights Share Application Deadline Extended Until Shrawan 26

People's Power Limited (PPL) has extended the application deadline for its rights share issuance, which began on Ashar 22 (July 6, 2025). Investors can now apply for the 50% rights offering until Shrawan 26 (August 10, 2025).

The company is issuing rights shares in a 10:5 ratio—i.e., 5 new shares for every 10 existing shares held. In total, the company is offering 3,163,000 rights shares at a face value of NPR 100 per share, amounting to NPR 316.3 million.

To determine eligible shareholders, the company conducted a book closure on Ashar 2. Only those who held shares until Ashar 1 are eligible to apply for the rights shares.

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