1:1 Right Share of Upper Tamakoshi Hydropower, Share Holders are 100 % benefitted

Are you looking for a reliable investment option? Upper Tamakoshi 100 percent Right Share is a great choice for those looking for a secure and profitable investment. The Upper tamakoshi Hydropower Project is one of the most significant hydroelectric projects in Nepal’s east. The majority of the company’s shares (51%) are held by four government agencies: the Nepal Electricity Authority (NEA), the Nepal Telecom (NTC), the Citizen Investment Trust (CIT), and the Rastriya Beema Sansthan(RBS). NEA holds a 41% share, NTC 6%, CIT 2%, and RBS 2% piece in the company. The general public and Dolakha District inhabitants have 15% and 10% of the share, respectively. Contributors to the Employees Provident Fund have 24% of the share (EPF).

The upper tamakoshi hydropower plans to offer the general a 100% share. The Securities Board still needs to approve it, though. Exclusively, Upper Tamakoshi Hydropower Ltd (UPPER) has been granted permission by the Electricity Regulatory Commission to issue rights shares at a ratio of 1:1, or 100% rights shares.The corporation has never before suggested issuing the right shares. That is a good chance for shareholders to receive the most significant benefit. On Ashad 30, 2079, the board of directors resolved to propose issuing right shares in the ratio of 1:1 (100%) on its present paid-up capital. According to the most recent report, the company has a paid-up capital of Rs. 10.59 Arba.

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