RSDC Laghubitta will auction unsold 1.95 lakh unit shares at Rs 100 & above

RSDC Laghubitta Bittiya Sanstha Limited (RSDC) will be auctioning its unsold right share to general public. The company has allotted  23,00,000 units  right shares to its shareholders on Mangsir 17, 2074 and only 21,04,293 units shares were claimed by the shareholders . As per the notice published by the microfinance company today, the microfinance company will be selling 1,95,707 units share after the right shares issued till Bhadra 15, 2074 were not fully subscribed by the investors. The microfinance company had offered right shares at the ratio of 1:2. Around 8.47% shares were unsubscribed. RSDC will be refunding money to non allottees from Mangsir 22, 2074 NIBL Capital Limited will manage the auction. The microfinance company will publish another notice for the details of the auction. It had earned Rs 1.96 crore in the first quarter of the FY 2074/75. Its LTP stood at Rs 1,295 as of last trading day.