River Falls Power Sets Book Closure Date for Ambitious 100% Rights Share Issue

ShareSanskar | Shrawan 15, 2082

River Falls Power Limited has taken a significant step toward redefining its role in Nepal’s energy sector by announcing a 100% rights share issuance. This bold financial initiative, approved by the Securities Board of Nepal on Shrawan 9, will release 7 million new shares, each with a face value of NPR 100, resulting in a total capital infusion of NPR 700 million. This move is not just about raising funds; it’s a clear demonstration of the company’s ambition to scale operations and actively contribute to Nepal’s transition toward sustainable energy.

This rights offering is strategically timed to capitalize on the rising momentum of hydropower development in the country. By allowing existing shareholders to double their stake without facing dilution, River Falls Power is both rewarding investor loyalty and ensuring stable equity ownership. Shareholders recorded by Shrawan 25 will be eligible, with the books closing on Shrawan 26. The offering presents a rare opportunity to participate directly in the next phase of the company’s growth and Nepal’s energy transformation.

Prabhu Capital Limited has been appointed as the issue manager, a move that signals the company’s commitment to professional execution and transparency. Known for its expertise in handling complex public offerings, Prabhu Capital’s involvement ensures that the process will adhere to regulatory norms while maintaining investor confidence. The partnership underscores River Falls Power’s meticulous planning and dedication to operational excellence.