Dordi Khola Hydropower Extends Deadline for Auction Share Applications
Initially, the last date to submit bids for the auctioned shares was set for Jestha 19. Now, interested investors have until Jestha 20 to submit their applications.
Dordi Khola Jalvidhyut Company Limited has extended the application deadline for the purchase of its unsold rights shares through a public auction.
The company had previously issued rights shares in a 1:1 ratio, opening subscriptions from Chaitra 19 to Baisakh 8, with an extended period from Baisakh 12 to 14. However, 1,946,676 shares remained unsubscribed during this period and were subsequently offered for sale via auction starting from Jestha 11.
Initially, the last date to submit bids for the auctioned shares was set for Jestha 19. Now, interested investors have until Jestha 20 to submit their applications.
Who Can Apply?
Any individual, company, or organization is eligible to participate in the bidding process. The minimum bidding price has been set at NPR 100 per share. Investors must submit bids for at least 100 shares, but they may bid for the entire available quantity if desired.
Where to Submit Bids?
Interested bidders can submit their applications at the following locations:
Sanima Capital: Naxal (Head Office), Biratnagar, Birtamod, Birgunj, Janakpur, Bharatpur, and Hetauda branches
Sanima Bank: Branches in Pokhara, Butwal, Ghorahi, Nepalgunj, Birendranagar, Dhangadhi, and Mahendranagar
Garima Bikas Bank: Baglung branch
This auction provides an opportunity for investors to acquire shares in a growing hydropower company at a competitive rate. Dordi Khola Jalvidhyut Company encourages interested parties to act within the newly extended deadline.