Chhyangdi Hydropower Company Limited (CHL) has opened its much-awaited 1:1 right share issue starting today, aiming to strengthen its capital base and support future growth plans.
The company is issuing a total of 3,869,775 units of right shares at a par value of Rs. 100 per share, making the total issue size Rs. 38.69 crore. This offer is open exclusively to existing shareholders who were on record before the book closure date of 2nd Jestha, 2082.
The right share offering will remain open until 12th Ashad, 2082, providing shareholders ample time to apply and increase their stake in the company.
With this right issuance, CHL’s paid-up capital will double—from the current Rs. 38.69 crore to Rs. 77.39 crore—marking a significant step in the company’s financial strengthening.
Global IME Capital Limited has been appointed as the issue manager for this right offering.
This 100% right issue gives existing shareholders a chance to double their holdings at face value. The company expects this move to not only improve liquidity but also to support ongoing operational and project-related financial requirements.
Investors and market analysts are closely watching the development, especially as the hydropower sector in Nepal continues to attract attention due to rising energy demand and government incentives for private sector participation.
