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 paid-up capital will increase to Rs. 52.8 Crores. DHPL intends to utilize the funds raised from this issuance to clear the loans it has taken from banks.
Highlights:
- Barun Hydropower Company Proposes 100% Right Shares; Approval Pending from ERC
- Arun Valley Hydropower Development Company (AHPC) Receives Final Approval for 1:1 Right Share Issuance
- AHPC Board Decisions: Special General Meeting and Right Share Issuance
- “Dibyashwori Hydropower Appoints Mega Capital Market as Issue Manager for 100% Right Shares Offering”
- “Balephi Hydropower to Issue 100% Right Shares After Amending Initial Proposal, Pending Regulatory Approval”