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AHPC Initiates Auction for Unclaimed Right Shares

Earnmoney.com.np / April 22, 2024

Auction for the unclaimed portion of Arun Valley Hydropower Development Company Limited’s (AHPC) right shares commences today, on the 10th of Baisakh, 2081, and will run until the 24th of Baisakh, 2081. A total of 19,92,134 units of ordinary right shares will be up for auction, representing the unclaimed segment of the rights offering. AHPC had issued a 1:1 ratio right share from the 17th of Falgun to the 7th of Chaitra, 2080. Among the total right shares issued, only 1,66,87,492 (89.34%) units were allotted to eligible shareholders, leaving 10.66% unclaimed by eligible investors. Consequently, the same 19,92,134 units of […]

Business | Market | Economy

AHPC Successfully Allots 1:1 Right Shares: Unclaimed Shares to be Auctioned Soon

Earnmoney.com.np / April 11, 2024

Arun Valley Hydropower Development Company Limited (AHPC) recently completed the allotment of its right shares at a 1:1 ratio on the 27th of Chaitra, 2080. Following the allotment process, shares were distributed to eligible applicants, while those who were not allotted shares will receive their refunds starting from the 30th of Chaitra, 2080. During the

General News

Electricity Disruption Crisis: Dillichaur Hydropower Project Failure Leaves Hundreds in Darkness

Earnmoney.com.np / April 10, 2024

Nearly 800 households in the district have faced a harrowing experience of being plunged into darkness for two consecutive days due to an electricity disruption. This disruption stemmed from the failure of the Dillichaur hydropower project to generate power, caused by a significant setback in its water supply system. The halt in power generation was

Dividend

Mandakini Hydropower Limited Lists Bonus Shares on NEPSE Following AGM Dividend Decision

Earnmoney.com.np / April 7, 2024

Mandakini Hydropower Limited (MHL) has recently listed 2,79,317.53 unit bonus shares on the Nepal Stock Exchange (NEPSE). This follows the company’s 10th Annual General Meeting (AGM), which took place on Poush 29, 2080, where a 5% dividend for the fiscal year 2079/80 was endorsed. During a board of directors meeting held on the 29th of

NEPSE NEWS

Upper Tamakoshi Hydropower Lists 10,590,000 Units of Right Shares on NEPSE

Earnmoney.com.np / March 10, 2024

A total of 10,590,000 units of right shares from Upper Tamakoshi Hydropower Limited (UPPER) have been officially listed on the Nepal Stock Exchange (NEPSE). The company had previously issued a 1:1 ratio of right shares, amounting to 10,590,000 units, made available to its shareholders during the period from the 18th of Bhadra to the 22nd

Business | Market | Economy

Barahi Hydropower Receives Final Approval for 1:1 Right Share Issuance to Fund Key Projects

Earnmoney.com.np / March 7, 2024

The final approval from the Electricity Regulatory Commission has been granted to Barahi Hydropower Public Limited (BHPL) for the issuance of right shares in a 1:1 ratio for its shareholders. The hydropower company had proposed to issue 100% right shares based on its paid-up capital of Rs. 25 Crores. Following the adjustment of the proposed

Business | Market | Economy

Khani Khola Hydropower Company’s Rs. 46.57 Crore Right Share Issue Under SEBON Review

Earnmoney.com.np / March 6, 2024

The Securities Exchange Board of Nepal (SEBON) has included the right shares of Khani Khola Hydropower Company Limited (KKHC) in its preliminary review process. The company submitted the application to the board on Falgun 17, 2080. Khani Khola Hydropower Company Limited plans to issue 100% right shares, amounting to Rs. 46.57 Crores. This will involve

IPO | FPO

Lower Erkhuwa Hydropower’s IPO Proposal Under SEBON Review for Rs. 28.05 Crores

Earnmoney.com.np / March 3, 2024

The Initial Public Offering (IPO) proposal of Lower Erkhuwa Hydropower Company Ltd. is currently under review by SEBON (Securities Board of Nepal). The company has submitted a proposal to issue a total of 2,805,750 shares, aiming to raise Rs. 28.05 crores. The application for the IPO was submitted on Falgun 11, 2080. Muktinath Capital Limited

Dividend

Last Day to Secure Dividend from United Idi-Mardi & R.B. Hydropower

Earnmoney.com.np / February 15, 2024

Today marks the final opportunity to claim the 5.789% dividend offered by United Idi-Mardi and R.B. Hydropower Limited (UMRH). Additionally, the company has scheduled its 14th AGM for the 17th Falgun, 2080, to be held at the Avya Club in Gharipatan, Pokhara, beginning at 11:00 am. Among the agenda items, the AGM will approve the

Business | Market | Economy

Bhagawati Hydropower’s Q2 Earnings Surge 23.26%; Long-Term Debt Cleared, Revenue Rises 13.31%

Earnmoney.com.np / February 11, 2024

Bhagawati Hydropower Limited (BGWT) has announced a net profit of Rs. 3.77 Crores in the second quarter (Q2) of the current fiscal year 2080/81, marking a 23.26% increase from the same quarter last year when it was Rs. 3.06 crores. Notably, the company has successfully paid off its long-term loans, resulting in no long-term debt

Business | Market | Economy

Sikles Hydropower’s Q2 Earnings Show Slight Growth; Debt Decreases

Earnmoney.com.np / February 8, 2024

In the second quarter of the fiscal year 2080/81, Sikles Hydropower Limited (SIKLES) recorded a net profit of Rs. 6.29 crores, marking a slight uptick of 0.27% compared to the same period last year when it stood at Rs. 6.27 crores. During this timeframe, the company’s long-term loan decreased by 6.76%, reaching Rs. 1.26

Business | Market | Economy, Dividend

Dordi Khola Hydropower Taps Sanima Capital as Issue Manager for 1:1 Rights Offering

Earnmoney.com.np / February 5, 2024

Dordi Khola Hydropower Company Limited (DORDI) has selected Sanima Capital Limited as the exclusive issue manager for its upcoming 1:1 ratio rights issue, according to an announcement from the Nepal Stock Exchange (NEPSE). In the upcoming rights issue, the hydropower company plans to issue 10,542,604 (1:1) units of right shares, equal to 100% of its