Chhyangdi Hydropower Closing Issue of 1:1 Right Share from Today

July 11, 2025 | Investopaper

Chhyangdi Hydropower Limited (CHL) is currently selling right shares to the shareholders. The company is issuing right shares in the ratio 1:1. This means that shareholders’ with 100 shares can apply for the additional 100 right shares.

The right issue is open from Jestha 23, 2082 BS. The right issue will close on Ashad 27, 2082 BS.

For this purpose, the company had announced the book closure date on Jestha 2, 2082 BS. Therefore, the investors holding/purchasing the shares of CHL until Jestha 1, 2082 BS will be eligible to subscribe the right shares.

Earlier, the company had decided to sell the right share in the ratio 1:1.5. However, as per the direction of regulatory body, the company had amended the ratio of right issuance.

Securities Board Of Nepal (SEBON) has given the permission to the company on Baisakh 12, 2082 BS. The company had submitted the application to the board on Jestha 22, 2080 BS seeking permission to float the right shares. Only after the approval from the regulatory body SEBON, the company can sell shares to the public.

As of Chaitra’s end 2081 BS, Chhyangdi Hydropower has a paid-up capital of Rs. 38.69 crores. Hence, CHL has plans to float 38.69 lakh shares in the right offering. At a par value of Rs 100, the right issue amounts to Rs 38.69 crores.

The hydropower company has appointed Global IME Capital Limited as the issue and sales manager.

After the right issue, the paid-up capital will reach Rs. 77.38 crores.