September 20: Ridi Hydropower Development Company is auction bidding 73,661.50 units of unsold right shares. The last date for the interested investors to apply for the shares is October 5.
The company has invited sealed bids for 14,278 units of unsold promoter’s right shares and 59,383.50 units of general right shares. The face value of the shares being Rs 100, an investor applying for right shares through auction bidding required to quote the price above Rs 100. The company has appointed Global IME Capital as its Issue Manager.