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SEBON Reviews Right Shares of Multiple Hydropower Companies

The Securities Exchange Board of Nepal (SEBON) is currently reviewing the right shares of Barahi Hydropower Public Limited (BHPL). The application was submitted on Jestha 24, 2081.

Barahi Hydropower plans to issue 100% right shares on its paid-up capital of Rs. 25 Crores, adding 2,500,000 units to increase the capital to Rs. 50 crores. This issuance aims to fund the Simkosh Khola Hydroelectric Project (3.45 MW) and Lower Theule Khola Hydropower Project (0.75 MW). Muktinath Capital Limited is managing the issue.

SEBON has also approved People’s Power Limited (PPL) to issue 50% right shares worth Rs. 31.63 crore, equating to 3,163,000 units for existing shareholders. This will increase PPL’s paid-up capital from Rs. 63.26 Crore to Rs. 94.89 Crores. Prabhu Capital Limited is the issue manager. PPL’s current share price is Rs. 503.00.

Dordi Khola Jal Bidyut Company Limited (DORDI) will issue 100% right shares worth Rs. 1.05 Arba, totaling 10,542,604 units, doubling its paid-up capital to Rs. 2.10 Arba. Sanima Capital Limited is managing the issue. DORDI’s share price stands at Rs. 465.00.

Rapti Hydro & General Construction Limited (RHGCL) will also issue 100% right shares worth Rs. 61.27 Crore, issuing 6,127,938 units to raise its capital to Rs. 1.22 Arba. Muktinath Capital Limited is the issue manager. RHGCL’s shares are priced at Rs. 375.00.

River Falls Power Limited (RFPL) plans to issue 100% right shares worth Rs. 70 Crore, issuing 7,000,000 units to double its capital to Rs. 1.40 Arba. Prabhu Capital Limited is managing the issue. RFPL’s share price is Rs. 429.90.

Shiva Shree Hydropower Limited (SSHL) will issue 100% right shares worth Rs. 1.47 Arba, adding 14,764,000 units to increase its capital to Rs. 2.94 Arba. Citizens Capital Limited is the issue manager. SSHL’s share price is Rs. 192.00.

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