Joshi Hydropower to Auction Unsold Right Shares — Deadline Set for Kartik 11

Joshi Hydropower Development Company Limited has announced that it will sell its remaining right shares through a sealed-bid auction process. The company had previously opened applications for its right shares under the general public category, but some shares remained unsubscribed. As a result, the board of directors decided to sell those remaining shares through a competitive bidding process.

According to the company, the sale will be conducted in accordance with Directive No. 15 of the Securities Issuance and Allotment Guidelines, 2074. The company’s board meeting approved the decision to invite bids from interested individuals, companies, and institutions.

As per the notice, interested investors must submit their sealed bids by 3:00 PM on Tuesday, Kartik 11, 2082 (October 28, 2025). Any bids submitted after the deadline will not be accepted.

Shares Available for Auction
Joshi Hydropower has stated that a total of 1,89,927 units of ordinary shares under the general public category will be auctioned. These are unsold right shares, and the minimum bid price has been set at NPR 100 per share.

Bid Form Distribution and Submission Centers
The bid application forms can be obtained from Laxmi Sunrise Capital Limited, Kamalpokhari, Kathmandu. Likewise, filled applications can be submitted at designated collection centers of Laxmi Sunrise Bank Limited branches located in:

• Biratnagar (Hanumandas Road)

• Birgunj (Adarshanagar)

• Hetauda

• Pokhara (New Road)

• Butwal (Milan Chowk)

• Birendranagar (Birendrachowk)

• Dhangadhi (Laxmi Narayan Chowk)

The bid form distribution began on Tuesday, Ashwin 28, 2082, and the submission deadline is Tuesday, Kartik 11, 2082. The company stated that after collecting all bid forms from the centers, the date, time, and venue for opening the bids will be announced later through a national daily newspaper.

Further Information and Issue Manager
The company has requested investors to refer to the detailed notice published in the “Nagarik” and “Karobar” national dailies dated Ashwin 21, 2082 for additional information.

The issue management responsibility has been assigned to LS Capital Limited, located at New Baneshwor, Kathmandu. LS Capital Limited is a wholly-owned subsidiary of Laxmi Sunrise Bank. Interested individuals can reach out through [email protected] or visit the official website www.lscapital.com.np for more details.