Supermai Hydropower to Issue 1:1 Rights Shares, Appoints Muktinath Capital as Issue Manager

Kathmandu – Supermai Hydropower Limited has decided to issue rights shares in a 1:1 ratio based on its paid-up capital after the distribution of bonus shares. The decision was made during the company’s 134th board meeting held on Chaitra 17, 2082 (Nepali calendar).According to the company, it has appointed Machhapuchchhre Capital Limited as the issue and sales manager for the upcoming rights offering. The capital company, whose central office is located in Sundhara, Kathmandu Metropolitan City–11, will manage the issuance and distribution process.The company informed the Nepal Stock Exchange (NEPSE) about this development, stating that the move is aimed at strengthening its capital base and supporting future expansion plans.Supermai Hydropower operates a 7.8 MW hydropower project in Ilam. The company has also notified the Securities Board of Nepal (SEBON), CDS and Clearing Limited (CDSC), and the Electricity Regulatory Commission regarding the decision.