Champawati Hydropower IPO AGM Successfully Concluded in Kathmandu
11th January 2026, Kathmandu
Champawati Hydropower IPO AGM has been successfully completed as Champawati Hydropower Limited held its 16th Annual General Meeting in Kathmandu. The meeting took place on Saturday, Poush 26, 2082 (January 10, 2026), at Anupam Foodland, Battisputali. This assembly marked an important milestone for the company as it finalizes its preparations for a highly anticipated Initial Public Offering (IPO) in the Nepali capital market.
Champawati Hydropower IPO AGM
The successful completion of the AGM reflects the company’s ongoing efforts to strengthen corporate governance, ensure regulatory compliance, and enhance transparency for current and prospective investors. With the IPO process already in the pipeline and the company transitioning from a private to a public entity, the AGM outcomes are particularly significant for stakeholders monitoring the hydropower sector.
Approval of Board Report for FY 2081/82
One of the primary agenda items of the Champawati Hydropower IPO AGM was the discussion and approval of the Board of Directors’ report for the fiscal year 2081/82. Shareholders reviewed the report in detail and provided their unanimous endorsement.
The board report, presented under the leadership of Chairman Dr. Hariram Parajuli, outlines the company’s operational milestones, management activities, and the construction progress of its flagship project. Approval of this report demonstrates a high level of shareholder confidence in the company’s leadership and its strategic move toward public listing.
Financial Statements Endorsed by Shareholders
A major highlight of the Champawati Hydropower IPO AGM was the formal approval of the audited financial statements. The meeting discussed and passed the auditor’s report along with key financial documents up to the end of Ashadh 2082.
The endorsed financial documents include:
Balance Sheet: Showing the company’s asset base and equity structure.
Profit and Loss Account: Detailing revenue streams as the project moves toward operational stability.
Cash Flow Statement: Highlighting the liquidity management crucial for debt servicing and future dividends.
Advertisement
Transparent financial reporting is mandatory for companies entering the Securities Board of Nepal (SEBON) pipeline. The approval of these audited accounts strengthens Champawati Hydropower’s credibility among regulators and potential institutional investors.
Auditor Appointment for FY 2082/83
The Champawati Hydropower IPO AGM also passed a proposal to appoint an auditor for the current fiscal year 2082/83. Along with the appointment, the meeting approved the auditor’s remuneration. This decision ensures continuity in financial oversight and compliance with the prevailing legal frameworks required for public companies. Timely auditor appointments are a critical governance practice that signals to the market that the company is maintaining high standards of financial discipline.
Project Overview and IPO Prospects
Champawati Hydropower Limited is the developer of the 7 MW Chepe A Hydropower Project, located on the Chepe River bordering the Gorkha and Lamjung districts. The project is a run-of-river (RoR) scheme designed to contribute significantly to the national grid.
Key project highlights discussed during the AGM included:
Project Capacity: 7 Megawatts (MW).
Location: Gorkha and Lamjung districts.
IPO Status: The company has already appointed RBB Merchant Banking Limited as the issue manager for its upcoming IPO, which is expected to offer 1,600,000 units of shares to the local public and the general public.
Significance of the AGM Ahead of IPO
The completion of the Champawati Hydropower IPO AGM holds added importance due to the company’s plan to issue an IPO. Annual General Meetings serve as a platform for reinforcing corporate discipline, aligning shareholders with management, and fulfilling mandatory disclosure obligations. For hydropower companies in Nepal, preparing for an IPO involves meeting stringent regulatory standards related to governance and operational transparency. The resolutions passed at this AGM indicate that Champawati Hydropower is progressing systematically toward these requirements.
Conclusion
Champawati Hydropower IPO AGM marks a significant step in the company’s journey toward public listing. The successful completion of the 16th Annual General Meeting, approval of financial reports, and appointment of auditors collectively reinforce the company’s commitment to sound corporate governance. As Champawati Hydropower moves closer to launching its IPO through RBB Merchant Banking, stakeholders will continue to monitor its regulatory filings. The outcomes of this AGM position the company favorably within Nepal’s growing hydropower and capital market landscape.
For More: Champawati Hydropower IPO AGM
