Upper Syange Hydropower Limited (USHL) to issue 1:1 Right Share

C has announced its 9th Annual General Meeting (AGM) to be held on Ashwin 9, 2082 (September 25, 2025) at Kundalini Durbar Banquet, Chappal Karkhana Chowk, Kathmandu. The event will begin at 10:00 AM. The company has fixed Bhadra 23, 2082 (September 8, 2025) as the book closure date. Investors holding shares before this date will be eligible to attend the AGM and exercise their rights. A key agenda item is the issuance of right shares in a 1:1 ratio, which means existing shareholders can purchase one additional share for every share they own. This right share issuance aims to strengthen USHL’s capital base to support hydropower expansion and future projects. The AGM will also endorse the annual financial report for FY 2081/82, appoint auditors for FY 2082/83, and elect four directors from the promoter group. Additionally, the board will discuss potential merger and acquisition opportunities and amendments to the company’s Memorandum and Articles of Association. For investors tracking Nepal’s hydropower sector, this AGM marks a significant opportunity as Upper Syange Hydropower right shares could enhance long-term growth and shareholder value.