River Falls Power Closing Issue of 1:1 Right Share from Ashwin 26
October 12, 2025 | Investopaper
River Falls Power Limited (RFPL) is currently selling right shares to the shareholders. The company is floating the right shares in the ratio 1:1 This means that the shareholders with 100 shares can apply for the additional 100 shares.
The right offering is open from Bhadra 23, 2082 BS and close on Ashwin 26, 2082 BS.
For this purpose, the company had announced the book closure date on Shrawan 26, 2082 BS. Therefore, investors holding/purchasing the shares of RFPL until Shrawan 22, 2082 BS will be eligible to subscribe the right shares.
Securities Board of Nepal (SEBON) has given the approval to the company on Shrawan 9, 2082 BS. The hydropower company has submitted the application to the board on Ashad 12, 2081 BS. Only after the approval from the regulatory body SEBON, the company can issue the right shares.
At present, RFPL has a paid up capital of Rs. 70 crores. Hence, the company has plans to sell right shares worth Rs. 70 crores. After the right issue, the paid-up capital will reach Rs. 140 crores.
The company has stated that it will pay the loans taken from BFIs from the proceeds received through right offering.
River Falls Power Limited is currently operating a 10.3 MW Down Piluwa Khola Hydropower Project on the Piluwa river in Dharmadevi municipality of Sankhuwasabha district.
The company has appointed Prabhu Capital Limited as issue and sales manager for the right offering.
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