CHL Chyangdi Hydropower Limited to Issue 100% Right Shares from Jestha 23

CHL Chyangdi Hydropower Limited is set to issue 100% right shares starting from Jestha 23, 2082 (June 5, 2025). The company received approval from the Securities Board of Nepal (SEBON) to issue the shares at a 1:1 ratio, meaning shareholders will be entitled to one new share for every existing share they hold.

Under this offering, the company will issue a total of 3,809,775 right shares at a par value of NPR 100 per share, aiming to raise NPR 380,977,500 in total.

For the purpose of this right share issuance, the company had set its book closure date on Jestha 2. Only those shareholders who held shares until Jestha 1 are eligible to apply for the rights offering.

The application window for the right shares will remain open until Ashad 12, 2082 (June 26, 2025).

Global IME Capital Limited has been appointed as the issue and sales manager for this right share offering.

Through this rights issue, Chyangdi Hydropower aims to strengthen its capital base and fund future expansion projects.