Arun Kabeli Power to Issue 2:1 Right Share
April 27, 2026 | Investopaper
Arun Kabeli Power Limited (AKPL) is planning to sell right shares to the shareholders.
The company has decided to issue right shares in the ratio 2:1. This means that shareholders’ with 100 shares can apply for the additional 50 right shares.
For this purpose, the company has received pre-appoval from Electricity Regulatory Commission (ERC).
As of Ashad’s end 2082 BS, Arun Kabeli Power Limited (AKPL) has a paid-up capital of Rs. 389.59 crores. Hence, AKPL has plans to float 1,94,79,71,050 shares in the right offering. At a par value of Rs 100, the right issue amounts to Rs 194.79 crores.
After the pre-approval from ERC, the company needs endorsement from the annual general meeting. Then the company has to appoint the issue and sales manager for the right offering. After that, it should 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. 584.38 crores.
The company has stated that it will use the funds received from the right offering for payment of loan of the company and for equity investment in Kabeli Energy Limited that is constructing a 37.6 MW Kabeli ‘A’ Hydropower Project.
Arun Kabeli Power is currently operating a 25 MW Kabeli-B1 Hydropower in Kabeli river. The project started commercial electricity generation Karthik 23, 2076 BS.
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