Shivshree Hydropower to Issue 100% Rights Shares

Shivshree Hydropower Limited has announced that it will issue 100% rights shares starting from September 4, 2025 (Bhadra 19, 2082 BS). The company will issue 14,764,000 ordinary shares at a par value of NPR 100 each, equivalent to its current paid-up capital of NPR 1.47 billion, in a 1:1 ratio. This means that existing shareholders will be entitled to receive one rights share for every one share they currently hold.

For rights eligibility, the company had already conducted a book closure on July 31, 2025 (Shrawan 16, 2082 BS). Therefore, only shareholders who were listed in NEPSE by July 30, 2025 (Shrawan 15) will be eligible to apply. Shareholders may submit their applications until September 24, 2025 (Ashoj 8, 2082 BS).

The company stated that the funds raised from this rights issue will be utilized to repay bank and financial institution loans taken for its ongoing power generation projects. This move is expected to improve the company’s financial position and strengthen its operational capacity.