Shiva Shree Hydropower Limited (SSHL) has officially published its offer letter for the issuance of 100% rights shares in the ratio of 1:1. This announcement brings an important opportunity for its existing shareholders to increase their investment in the company.
Key Details of the Rights Issue
| Particulars | Details |
|---|---|
| Rights Share Ratio | 1:1 (100%) |
| Number of Rights Shares | 14,764,000 units |
| Issue Size | Rs. 1.47 Arba |
| Current Paid-up Capital | Rs. 1.47 Arba |
| Paid-up Capital After Rights Issue | Rs. 2.95 Arba |
| Issue Manager | Citizens Capital Limited |
This means that for every one share held, investors are entitled to apply for one additional share at the par value of Rs. 100.
Important Dates for Investors
Book Closure Date: Shrawan 16, 2082
Shareholders who held SSHL shares before this date are eligible to apply.
Application Opening Date: 19th Bhadra, 2082
Application Closing Date: 8th Ashwin, 2082
Why This Rights Issue Matters
The proceeds from the rights issue are expected to strengthen the company’s capital base and support its ongoing and upcoming hydropower projects. With the capital size doubling from Rs. 1.47 Arba to Rs. 2.95 Arba, SSHL will have more financial flexibility for expansion and debt management.
Earnings Per Share (EPS), Net Worth, and Return on Net Worth (RONW)
Profit and Loss Account
