Green Ventures Calls AGM to Issue 100 Percent Rights Shares

23rd December 2025, Kathmandu

Green Ventures Limited has officially called for its seventh annual general meeting to be held on Poush 30 2082. This significant event for the hydropower sector is scheduled to take place at the Rani Mahal Banquet in Gyaneshwor Kathmandu starting at 11:00 AM. The primary agenda of this meeting is to seek shareholder approval for a major capital expansion through the issuance of hundred percent rights shares. As the company continues to expand its footprint in the renewable energy market of Nepal this move is seen as a strategic step to fund its ambitious new projects and strengthen its financial base.

Green Ventures Calls AGM

The board of directors of Green Ventures met recently to finalize the details of the assembly and the accompanying proposals. The meeting comes at a time when the company is transitioning from a single project operator to a multi project developer. By inviting existing shareholders to double their holdings the company aims to raise significant capital without incurring additional high interest debt from financial institutions. This approach is common among successful hydropower companies in Nepal that are looking to maintain a healthy debt to equity ratio while pursuing large scale developments.

DETAILS OF THE HUNDRED PERCENT RIGHTS SHARE PROPOSAL

The core proposal of the upcoming annual general meeting is the issuance of 3437500 units of rights shares. This issuance will be done in a 1:1 ratio meaning that for every one share currently held by a shareholder they will be entitled to purchase one additional share at the face value of one hundred Nepalese rupees. If the proposal is approved by the shareholders and subsequently by the Securities Board of Nepal the total paid up capital of the company will double upon the completion of the issuance.

The proceeds from this rights share issuance are specifically earmarked for investment in the Kaligandaki Gorge Hydropower Project. Green Ventures recently made headlines by acquiring a 51 percent promoter stake in the Kaligandaki Gorge Hydropower Company. This move represents a major scaling up of the operations of the company as it moves into the development of one of the most promising and large scale hydropower projects in the country.

INVESTMENT IN THE KALIGANDAKI GORGE HYDROPOWER PROJECT

The Kaligandaki Gorge Hydropower Project is a significant undertaking with a planned capacity of 180 megawatts. Located in the Mustang and Myagdi districts of Nepal the project utilizes the high head and consistent flow of the Kaligandaki River. The estimated cost for this massive project is approximately 39.50 billion Nepalese rupees. Given the scale of the project a 75:25 debt to equity ratio has been established with a consortium of banks led by Laxmi Sunrise Bank providing the necessary debt financing.

The equity portion of the project is being met by the promoters including Green Ventures Limited. By issuing rights shares Green Ventures is ensuring that it has the necessary liquidity to meet its capital contribution requirements for this 180 megawatt project. The Kaligandaki Gorge project is designed as a peaking run of the river system which means it will have the ability to generate higher amounts of electricity during peak demand hours. This feature makes the project highly valuable for the national grid and promises attractive returns for the company once it becomes operational which is projected for the year 2029.

FINANCIAL PERFORMANCE AND EXISTING OPERATIONS

Before embarking on the Kaligandaki expansion Green Ventures has already established a strong track record with its Likhu IV Hydroelectric Project. The Likhu IV project which has an installed capacity of 52.4 megawatts is located on the border of the Okhaldhunga and Ramechhap districts. This project has been operational and contributing to the national grid for several years providing a steady stream of revenue for the company.

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In the previous fiscal year 2081/82 Green Ventures reported a net profit of approximately 389.64 million Nepalese rupees. The company has shown resilience in its operations with its revenue from the sale of electricity remaining consistent. The management has been focused on maintaining high efficiency at the Likhu IV site while preparing the ground for the next phase of growth. The annual general meeting will include a detailed presentation of these financial statements and the audit reports for the fiscal year that ended in Ashad 2082.

LOGISTICS OF THE ANNUAL GENERAL MEETING AND BOOK CLOSURE

For the purpose of conducting the seventh annual general meeting and determining the eligibility for the proposed rights shares the company has announced a book closure date. The share register of Green Ventures Limited will be closed for one day on Poush 16 2082. This means that only those investors who are officially recorded as shareholders in the Nepal Stock Exchange and the CDSC system up to Poush 15 will be eligible to attend the meeting and participate in the rights share issuance.

Potential investors and existing shareholders should take note of this deadline. In the Nepalese share market the announcement of rights shares often leads to increased trading volume as investors look to consolidate their positions before the book closure date. The meeting at Rani Mahal Banquet will provide a platform for shareholders to interact directly with the board of directors and ask questions regarding the timeline of the Kaligandaki project and the future dividend prospects of the company.

GOVERNANCE AND OTHER MEETING AGENDAS

Beyond the rights share proposal the seventh annual general meeting will address several standard but essential corporate governance matters. The meeting will formally endorse the annual report of the board of directors and the reports of the external auditors. Shareholders will also be asked to appoint an auditor for the current fiscal year 2082/83 and fix their remuneration.

Additionally the meeting will include the endorsement of the appointment of directors who were appointed by the board during the year to fill casual vacancies. Another important agenda is the authorization given to the board of directors to make any necessary amendments to the Memorandum and Articles of Association of the company. Such amendments are often required to reflect the increased authorized and paid up capital following a rights share issuance or to comply with updated directives from the Electricity Regulatory Commission or the Securities Board of Nepal.

CONCLUSION AND FUTURE OUTLOOK FOR GREEN VENTURES

In conclusion the seventh annual general meeting of Green Ventures Limited marks a pivotal moment in the history of the company. By seeking a hundred percent rights share issuance the company is signaling its readiness to become a heavyweight in the Nepalese energy sector. The transition from the 52.4 megawatt Likhu IV project to the 180 megawatt Kaligandaki Gorge project is a bold move that aligns with the goal of the government to significantly increase domestic power generation.

For the shareholders this represents an opportunity to increase their stake in a company that is backed by prominent business groups like the Vishal and Triveni groups. While hydropower investments carry inherent risks such as geological challenges and hydrological variations the strategic location and peaking capacity of the new project offer a compelling long term case.

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