Universal Power Company to Issue 1:1 Right Share | Appoints Muktinath Capital as Issue Manager
March 30, 2026 | Investopaper
Universal Power Company Limited (UPCL) is planning to sell right shares to the shareholders.
The company has decided to issue right shares in the ratio 1:1. This means that shareholders’ with 100 shares can apply for the additional 100 right shares.
As of Falgun’s end 2082 BS, Universal Power Company Limited has a paid-up capital of Rs. 248.51 crores. Hence, UPCL has plans to float 2,48,51,236.182 shares in the right offering. At a par value of Rs 100, the right issue amounts to Rs 248.51 crores.
For this purpose, the company has appointed Muktinath Capital Limited as the issue and sales manager for the right offering.
Now, the company will submit the application to the Securities Board Of Nepal (SEBON) seeking permission to float the shares. Only after the approval from the regulatory body SEBON, the company can sell shares to the public.
After the right issue, the paid-up capital will reach Rs. 497.02 crores.
The company is currently operating an 11 MW Tallo Khare Khola Hydropower Project in Dolakha district of Nepal.
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