Shiva Shree Hydropower Closing Issue of 1:1 Right Share from Ashwin 23
October 9, 2025 | Investopaper
Shiva Shree Hydropower Limited (SSHL) is currently selling the 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 19, 2082 BS and close on Ashwin 21, 2082 BS.
For this purpose, the company had announced the book closure date on Shrawan 16, 2082 BS. Therefore, the investors purchasing/holding the shares of SSHL until Shrawan 15 will be eligible to subscribe the right shares.
Securities Board of Nepal (SEBON) has given the permission to the company on Shrawan 4, 2082 BS. Shiva Shree Hydropower had submitted the application to the board on Ashad 24, 2081 BS. Only after the approval from the regulatory body SEBON, the company can issue the right shares.
At present, SSHL has a paid up capital of Rs. 147.64 crores. Hence, the company has plans to sell right shares worth Rs. 147.64 crores. After the right issue, the paid-up capital will reach Rs. 295.28 crores.
The company will pay the loans taken from BFIs from the proceeds received through right offering.
Citizens Capital Limited is the issue and sales manager for the right offering.
Shiva Shree Hydropower is currently operating a 22.2 MW Upper Chaku ‘A’ Hydroelectric Project in Sindhupalchowk district.
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