Universal Power Company Limited (UPCL) has decided to issue 100% right shares to its existing shareholders. The Universal Power Company right share plan will be issued in the ratio of 1:1. This means that shareholders will be able to apply for 1 extra share for every 1 share they already own.
The company is going to utilize the funds in improving its financial condition and hydropower projects. This is usually done by hydropower companies in Nepal.
The process of issuing right shares will be approved by the Annual General Meeting (AGM) of the company. After that, the company will be able to proceed with the process. The company will then be able to make further announcements regarding the date of application.
Universal Power Company Limited is a hydropower company that is listed on NEPSE. The company is involved in developing energy projects in Nepal.
Stay tuned to NepseTalk for the latest news.
लोड हुँदैछ...
0 Comments