Supermai Hydropower Company to Issue 1:1 Right Share | Appoints Machhapuchchhre Capital as Issue Manager
April 2, 2026 | Investopaper
Supermai Hydropower Company Limited (SMH) is planning to sell right shares to the shareholders.
The company has decided to issue right shares in the ratio 1:1. This means that shareholders’ with 100 shares can apply for the additional 100 right shares.
For this purpose, the company has appointed Machhapuchchhre Capital Limited as the issue and sales manager. An agreement has been reached between the company and Machhapuchchhre Capital on this regard.
As of Falgun’s end 2082 BS, Supermai Hydropower Company Limited has a paid-up capital of Rs. 64.2 crores. Hence, SMH has plans to float 64,20,000 shares in the right offering. At a par value of Rs 100, the right issue amounts to Rs 62.4 crores.
Now, the hydro company should submit the application to the Securities Board Of Nepal (SEBON) seeking permission to float the shares. Only after the approval from the regulatory body SEBON, the company can sell shares to the public.
After the right issue, the paid-up capital will reach Rs. 128.4 crores.
The hydropower company is currently operating a 7.8 MW Super Mai Hydropower Project.
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