Himalayan Power Partner (HPPL) to Float 2:1 Right Share
July 14, 2025 | Investopaper
Himalayan Power Partner Limited (HPPL) is planning to sell right shares to the shareholders. The company has decided to float the right shares in the ratio 2:1 This means that the shareholders with 100 shares can apply for the additional 50 shares.
For this purpose, the company has submitted an application to the Securities Board of Nepal (SEBON) on Ashad 24, 2082 BS. Only after the approval from the regulatory body SEBON, the company can issue the shares to the public.
As of Jestha’s end 2082 BS, HPPL has a paid up capital of Rs. 106.54 crores. Hence, the company has plans to sell right shares worth Rs. 53.27 crores. After the right issue, the paid-up capital will reach Rs. 159.81 crores.
The company has stated that it will pay the loans taken from BFIs from the proceeds received through right offering.
Himalayan Power Partner is currently operating a 27-MW Dordi Khola Hydropower Project in Lamjung district.
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