Himalayan Power Partner to Float 2:1 Right Share from Baisakh 17
April 13, 2026 | 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.
The right offering will open from Baisakh 17, 2082 BS and close on Jestha 6, 2082 BS.
For this purpose, the company has announced the book closure data on Chaitra 10, 2082 BS. Therefore, the investors/shareholders of HPPL holding/purchasing the shares of the company before the book closure date will be eligible to subscribe for the right shares.
Securities Board of Nepal (SEBON) has given the approval to the company on Falgun 25, 2082 BS. The company had submitted an application to the board 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 Magh’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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