SEBON Approves 80% Right Share Issue of City Hotel Limited
City Hotel Limited (CITY) has received approval from the Securities Board of Nepal (SEBON) to issue 80% right shares to its existing shareholders on 20th July, 2025.
The company plans to issue 13,392,000 units of right shares in a 1:0.80 ratio, equivalent to 80% of its current paid-up capital of Rs. 1.67 Arba. With this issuance, City Hotel’s paid-up capital will rise to Rs. 3.01 Arba.
The proposal, initially submitted to SEBON on Jestha 20, 2082, has now been officially approved. The funds raised from the right shares are expected to support the company’s expansion and financial strengthening efforts.
Prabhu Capital Limited has been appointed as the issue manager for this offering.
Read More
Khetan Group to Acquire 20% Stake in Fonepay, Approval File Submitted to Nepal Rastra Bank Khetan...
SEBON Approves 80% Right Share Issue of City Hotel Limited City Hotel right share 2082 City...
Shiva Shree Hydropower’s 100% Right Share Issue Approved by SEBON Shiva Shree Hydropower Right...
Chhaya Devi Complex to Issue IPO at Premium Price, Proposal Submitted to SEBON Chhaya Devi Complex...
Salapa Bikas Bank to Issue IPO, Proposal Added to SEBON Pipeline Salapa Bikas Bank IPO Salapa...
OpenAI Launches ChatGPT Agent: A Major Upgrade That Lets AI Work for You ChatGPT Agent by...