(TPC) Terhathum Power Company Announces 100% Right Share Issue; Today is the Last Day to Qualify

Kathmandu, Jestha 4 – Terhathum Power Company Limited (TPC) has announced the issuance of 100% right shares worth Rs. 40 crores, providing existing shareholders an opportunity to double their holdings. Under this offering, the company will issue 4,000,000 units of right shares in a 1:1 ratio, meaning shareholders will receive one right share for every share held.

Currently, the company’s paid-up capital stands at Rs. 40 crores. Upon completion of the right share issuance, this figure will increase to Rs. 80 crores, effectively doubling the company’s capital base and providing additional funding to strengthen its operations and expansion plans.

Nabil Investment Banking Limited has been appointed as the issue manager for this right offering. As per the company’s notice, the book closure date is set for 5th Jestha, 2082. Therefore, only those shareholders who maintain ownership of TPC shares by today — the last trading day before book closure — will be eligible to apply for the right shares.

Investors are advised to ensure their eligibility by verifying their shareholding status as of the close of today’s trading session on NEPSE.