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Arun Valley Hydropower Development Company (AHPC) Receives Final Approval for 1:1 Right Share Issuance
Arun Valley Hydropower Development Company Limited (AHPC) has received the final approval from the Electricity Regulatory Commission to issue right shares to its shareholders at a ratio of 1:1. This decision was made during the Special General Meeting (SGM) held on Ashad 07, where 100% rights shares were endorsed for distribution among the shareholders. The […]
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“Joshi Hydropower Appoints Laxmi Capital as Issue Manager for 65% Right Share Offering”
Joshi Hydropower Development Company has chosen Laxmi Capital Market as the issue manager to handle the issuance of its right shares to current shareholders. According to a media statement, the company will be offering shares in a ratio of 1:0.65. During a program, the CEO of the merchant bank, Mr. Rajiv Sapkota, and the chairman […]
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SEBON Approves 35% Right Shares of Multipurpose Finance Company; Issue of 15.82 Lakh Shares Imminent
The Securities Board of Nepal (SEBON) has given its approval to Multipurpose Finance Company Limited (MPFL) for a rights offering. MPFL plans to issue 35% right shares valued at Rs. 15.82 Crores, which will involve distributing 1,582,000 (1:0.35) units of right shares to its existing shareholders. Currently, MPFL has a paid-up capital of Rs. […]
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“Ankhukhola Hydropower Approves 150% Right Shares at 15th AGM”
During its 15th Annual General Meeting, Ankhukhola Hydropower approved a 150% increase in right shares for its current shareholders. The funds raised through these shares will be invested in the development of the 20 MW Ankhukhola Hydropower 2 project, which is currently being promoted by Ganesh Himal Hydropower Company. The company plans to allocate […]
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“Singati Hydro Energy Taps Kumari Capital as Issue Manager for 100% Right Share Offering; 1.45 Crore Unit Shares to be Floated”
Singati Hydro Energy has chosen Kumari Capital as the issue manager to handle the issuance of right shares to its existing shareholders. According to the company’s announcement, they plan to float their shares in a 1:1 ratio, totaling 1.45 crore unit shares. The memorandum of understanding (MoU) was signed between Singati Hydro Energy’s Managing […]
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“SEBON Approves 100% Right Shares Issuance for Upper Tamakoshi Hydropower Limited”
The Securities Board of Nepal (SEBON) has given its approval for Upper Tamakoshi Hydropower Limited (UPPER) to issue 100% right shares. The company plans to issue shares worth NPR 10.59 Arba, equivalent to 105,900,000 units of right shares on a 1:1 basis to its existing shareholders. The application for this proposal was submitted to SEBON […]
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NLG Insurance Company Granted 66% Right Shares Permission by Nepal Insurance Authority
NLG Insurance Company has received permission from the Nepal Insurance Authority (NIA) to issue 66% right shares. The company’s board meeting, held last Friday, approved the decision for capitalization. NLG Insurance will now seek approval from the Securities Board of Nepal (SEBON) for the rights issuance. Once SEBON grants permission, the company will distribute […]
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Barun Hydropower Company Proposes 100% Right Shares; Approval Pending from ERC
Barun Hydropower Company Limited (BARUN) has decided in its recent Board of Directors meeting to issue 100% right shares, which means one additional share for every existing share. Currently, BARUN has 5,358,150 unit shares listed on the Nepal Stock Exchange (NEPSE) and a paid-up capital of Rs. 53.58 Crores. If the issuance of the […]
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“Dibyashwori Hydropower Appoints Mega Capital Market as Issue Manager for 100% Right Shares Offering”
Dibyashwori Hydropower has chosen Mega Capital Market as the issue manager for its upcoming right shares offering to its existing shareholders. According to a media statement, the company will be issuing shares in a 1:1 ratio. A memorandum of understanding (MoU) was signed between the acting CEO of Mega Capital Market, Sulav Shrestha, the […]
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“Dibyashwari Hydropower Company Proposes 100% Right Share Issuance”
Dibyashwari Hydropower Company Limited (DHPL) recently held a Board of Directors (BOD) meeting where they proposed to issue 100% right shares to their shareholders. Currently, DHPL has 2,640,000 unit shares listed in the Nepal Stock Exchange (NEPSE) and a paid-up capital of Rs. 26.40 Crores. With the issuance of the proposed right shares, the company’s […]
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