Offer Letter Published for Himalayan Power Partner Limited; Right Shares Issue Opens from Baishakh 17
Mon, Apr 13, 2026 12:11 PM on Dividend, Bonus & Rights, Book Closure, Highlight News,
Himalayan Power Partner Limited (HPPL) has published an offer letter for the issuance of its 50% rights shares.
According to the offer letter made public by the company, it is set to open applications for its right shares in the ratio of 1:0.50 or 50% from 17th Baishakh, 2083, to 6th Jestha, 2083.
The company will issue 50% right shares worth Rs. 53.27 crores, comprising 15,981,255 (1:0.50) units, to its existing shareholders. The company's paid-up capital is Rs. 1.06 Arba. After the adjustment of the proposed right share, i.e., 15,981,255 units, the company's paid-up capital will increase to Rs. 1.59 Arba.
Global IME Capital Limited is appointed as the issue manager.
The book closure date is 10th Chaitra, 2082. Thus, investors who held shares before that day can apply for them.
