Khanikhola Hydropower Receives Approval for 100% Rights Issue

Khanikhola Hydropower Company Limited has received approval from the Securities Board of Nepal to issue 100 percent rights shares. The company plans to issue a total of 4,657,143 rights shares at a 1:1 ratio. The management of this share sale will be handled by Citizens Capital.

The company plans to use the funds raised from the rights shares for the repayment of bank loans. Currently, the company's paid-up capital is NPR 465,714,000, and after the rights issue, this amount will double to NPR 931,428,000.

Click Here for Khani Khola Hydropower Company Limited Right Share Details