Right Shares of Khani Khola 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 Khani Khola Hydropower Company Limited (KKHC) to its pipeline under preliminary review. The application was submitted to the board on Falgun 17, 2080.

The hydropower company is looking to issue 100% right shares worth Rs. 46.57 Crores through the issue of 4,657,143 (1: 1) units of right shares to its existing shareholders. The current paid-up capital of the company is Rs. 46.57 Crore. After the adjustment of the proposed right share, the paid-up capital of the company will increase to Rs. 93.14 Crore.

Citizens Capital Limited is appointed as the issue manager.