Nepal Stock Exchange (NEPSE) has officially listed 24,14,100 units of right shares of Joshi Hydropower Development Company Ltd. (JOSHI). These right shares were issued at a ratio of 1:0.65 (65%) to existing shareholders, with the offering open from 15th Shrawan to 19th Bhadra, 2082.

Before the issuance, the company’s paid-up capital stood at Rs. 37.14 crores. With the adjustment of the newly issued 2,414,100 right shares, the paid-up capital has now risen to Rs. 62.28 arba.

NEPSE has now completed the listing process, making the rights tradable for eligible investors.

As of the latest market update, JOSHI is trading at an LTP of Rs. 357.00.