Prabhu Cable Car & Tourism Limited has announced a 1:1 ratio right share offering exclusively for its former promoter shareholders. The subscription period for this rights offering will run from 29th Mangsir to 4th Magh, 2081.
A total of 7,000,000 units of right shares will be available for auction during this period. The shares are being issued at a par value of Rs. 100 each.
Former promoter shareholders of the company are eligible to participate in the auction. Interested individuals can submit their applications at the company’s head office in Tinkune, Kathmandu.
While the company initially planned to issue shares to the general public, this offering is currently limited to its former promoter shareholders.
