Radhi Bidyut Company Limited (RADHI) has announced plans to issue right shares equivalent to 69.89% of its existing paid-up capital, following a decision made during its Board of Directors meeting. The proposed ratio is 1:0.6989, based on the company’s current paid-up capital of Rs. 1.83 Arba.

The Electricity Regulatory Commission has already approved the issuance of these rights shares. However, the final issuance remains subject to approval from the Securities Board of Nepal (SEBON).

At the latest market close, RADHI’s shares were trading at Rs. 639.00.