Joshi Hydropower’s Rights Shares Listed on NEPSE

Joshi Hydropower Development Company Limited has officially had its rights shares listed on the Nepal Stock Exchange (NEPSE). According to NEPSE, a total of 2,414,100 units of the company’s rights shares have been listed and are now ready for secondary market processing.

The listing corresponds to the company’s recently issued 65% rights shares, which were offered to its existing shareholders. NEPSE stated that once these shares are credited to investors’ demat accounts, they will be eligible for trading in the secondary market.

With the listing completed, the company is expected to see strengthened capital structure and improved liquidity access for shareholders.