Ankhukhola Hydropower Company (AKJCL) has submitted an application to issue 150 percent right shares to its shareholders. If approved by SEBON, AKJCL will issue right shares to its shareholders in the ratio 1:1.5 to raise Rs. 120 crores for the construction of 20 MW Ankhu Khola-2 Hydroelectric Project.
Ankhukhola Hydropower Company operates 8.04 MW hydropower project located at Dhading District close to 132 km from Kathmandu, Nepal. The company maintains a promoter shareholding of 75% and the remaining 25% of the shares are held by the public shareholders. Ankhukhola Hydropower Company currently has 80 lakh unit shares listed in Nepal Stock Exchange ( NEPSE) and is traded as AKJCL.