Book Closure for 100% right share of Jebils Finance on Bhadra 14; only 5 trading days left

Securities Board of Nepal (SEBON) had provided final approval to Jebils Finance Limited (JEFL) for issuing 100% right share to its shareholders on Shrawan 5, 2074. The finance company has announced Bhadra 14, 2074 as the book closure date for the same. Only those shareholders of the finance company having shares one trading day ahead of the book closure date i.e. within Bhadra 13, 2074 are eligible to apply for the right shares. Jebils Finance will be issuing units 28.89 lakh units right shares worth Rs 28.89 crore to its existing shareholders at a face value of Rs 100 per share. Sunrise Capital Limited has been appointed as its issue manager. JEFL’s  7^th AGM held on Poush 27, 2073 had endorsed the agenda to issue further 1:1 right shares and 12.50% bonus shares to its shareholders. The finance company has earned Rs 3.62 crore profit in the fourth quarter in the fiscal year 2073/74. It has paid up capital of Rs 28.89 crore. After issuance of 100% right share, its paid up capital will rise to Rs 57.78 crore.