150% right issue of NMB Laghubitta opens from Kartik 24, 2076; Paid-up capital post adjustment to reach Rs 40.5 crore

Tue, Oct 22, 2019 11:10 AM on Dividend, Bonus & Rights, Latest, Stock Market,

NMB Laghubitta Bittiya Sanstha Limited (NMBMF) is issuing 24,30,093.75 units right share (1:1.5 ratio) to its shareholders from 24th Kartik to 29th Mangsir, 2076.

Sunrise Capital has been appointed as the issue manager of the right issuance.

The company is issuing 150% right shares to its shareholders at a par value of Rs 100 per unit. The right issue will raise a capital of Rs.24.30 Crore and increase the paid up capital from Rs.16.20 Crore to Rs.40.50 Crore.

Announcement