Today, May 20, 2026, is the last day to apply for the Himalayan Power Partners Right Share at a 50 percent ratio.
HPPL has announced the issuance of right shares from April 30, 2026, in the ratio of 1:0.5. As part of the issuance, HPPL is issuing 5,327,085 units of right shares valued at Rs 532.7 million at the face value of Rs 100 each.
The company has closed its book as of March 24, 2026. The eligibility to apply for right shares is only available for shareholders who held shares as of March 23, 2026.
“CareNP BB-” is the Care Ratings Nepal rating for the company, which means medium risk.
The issue manager of the company has been identified as Global IME Capital Limited. The eligible shareholders are required to make an application either at Global IME Bank branches in Beshishahar, Dordi, Bhoteodar, and Udipur or at any C-ASBA-approved banks.
After the issuance of the Himalayan Power Partners right shares, the paid-up capital of the company would go up from Rs 1.06 billion to Rs 1.59 billion.
As per the information provided by the company, the amount collected from the right share issue would be used for repaying consortium loans obtained from Prime Commercial Bank, Nabil Bank, Nepal Investment Mega Bank, Prabhu Bank, and Hydroelectricity Investment and Development Company.
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