River Falls Power Limited has received approval from the Securities Board of Nepal (SEBON) to issue right shares, aiming to strengthen its capital base.
On Shrawan 9, SEBON approved the company’s proposal to float right shares in a 1:1 ratio, allowing shareholders to purchase one new share for every share they currently hold. The move comes as part of the company’s plan to raise additional funds for future growth and operational needs.
Currently, River Falls Power has a paid-up capital of Rs. 70 crore. With this right offering, it will issue a total of 70 lakh units of right shares at a face value of Rs. 100 per share.
Financial snapshot: net worth and EPS
— The net worth per share stands at Rs. 100.58, reflecting the book value per share of the company
— The company reported an earnings per share (EPS) of Rs. 0.28 for the fiscal year 2081‑82 (Q3)
Issue manager
Prabhu Capital Limited has been appointed as the issuance and sales manager for the right share offering. This capital-raising move aims to bolster the company’s financial base for future operations and growth.
This right share issuance is expected to open up investment opportunities for existing shareholders while helping the company reinforce its financial standing.
