Right Shares of Chhyangdi Hydropower Company Added in SEBON Pipeline; Company to Issue 100% Right Share

The Securities Exchange Board of Nepal (SEBON) has added the right shares of Chhyangdi Hydropower Company Limited (CHL) to its pipeline under preliminary review.

The hydropower company is looking to issue 100% right shares worth Rs. 38.67 Crores through the issue of 3,869,775 (1: 1) units of right shares to its existing shareholders. The current paid-up capital of the company is Rs. 38.67 Crores. After the adjustment of the proposed right share, the paid-up capital of the company will increase to Rs. 77.39 crores.

BOK Capital Market is appointed as the issue manager. The application was submitted to the board on Jestha 22, 2080.