Chhyangdi Hydropower ltd Right Share has been issued for shareholders of company. Chhyangdi Hydropower Limited (CHL) is offering its 10:3 ratio rights from Magh 11 to Falgun 2, 2078.
After the issuing of the Chhyangdi Hydropower ltd Right Share, the total capital of the company will raise Rs. 8,93,02,500 for company. A total of 8,93,025 shares are being issued to eligible shareholders at a par value of Rs. 100 per unit now.
If you want to apply, you need to be shareholders of this company before Poush 21. If you purchased the share of the company after Poush 21, you can’t apply for this right share.
Global IME Capital is the issue manager of this right share. The paid-up capital of the company after 30% rights issued will be Rs. 38,69,77,500.
ICRA Nepal has given the issuer rating of BB to the company. This marks a moderate risk of default regarding timely servicing of financial obligations capacity.
Chhyangdi Hydropower ltd Capacity
Chhyangdi Hydropower ltd Capacity is 4Mw Upper Chhandi Khola Small Hydropower Project. The right shares are issued in order to raise the capital structure of the company as planned.
The 4Mw Upper Chhandi Khola Small Hydropower Project is a Run-of-River type hydroelectricity generation scheme with an installed capacity of 4.0 MW. According to the company, the project is aimed at the generation of 22.05 GWh average annual energy before 5% outage using design discharge of 0.67m3/s at Q40 off Chhandi Khola (a tributary of Dordi River) and net head of 712.15 m.
Chhyangdi Hydropower ltd
Chhyangdi Hydropower ltd has already proposed for another 40% rights offering (yet to be approved by SEBON) on the paid-up capital maintained after 30% rights adjustment. After adjustment of the 30% right shares, the 40% of right shares will be issued on this capital. Chhyangdi Hydropower ltd paid-up capital will be Rs. 54,17,68,500.
Chhyangdi Hydropower ltd Share Price
Chhyangdi Hydropower ltd Share Price is between Rs.180 to Rs. 715 in the secondary market. But you can buy it for only Rs.100 by applying right share. So, do not miss to apply right share now.
Chhyangdi Hydropower Ltd. (CHL)
| Sector | Hydro Power |
| Shares Outstanding | 3,869,775.00 |
| Market Price | 524.00 |
| % Change | 6.83 % |
| Last Traded On | 2022/02/07 03:00:00 |
