Sahas Urja Limited to Sell 1:1 Right Share | ERC Gives Pre-Approval
April 1, 2026 | Investopaper
Sahas Urja Limited (SAHAS) is planning to sell right shares to the shareholders. The company has decided to float the right shares in the ratio 1:1. This means that the shareholders with 100 shares can apply for the additional 100 shares.
For this purpose, the hydropower company has received the pre-approval from Electricity Regulatory Commission.
Now, the company has to submit an application to the Securities Board of Nepal (SEBON) seeking approval for the right offering. Only after the approval from SEBON, the company can issue the right shares.
As of Poush’s end 2082 BS, SAHAS has a paid up capital of Rs 457.38 crores. The company will issue the right shares on this capital.
Hence, the company has plans to sell right shares worth Rs. 457.38 crores. After the right issue, the paid-up capital will reach Rs. 914.76 crores.
NIMB Ace Capital Limited is the issue and sales manager for the right offering.
Recommended:
