Book closure for 865% right shares of Multipurpose Finance Limited on 11th Asadh, 2076; more than 3 Million units to be issued

Tue, Jun 18, 2019 1:52 PM on Book Closure, Latest, NEPSE News,

Multipurpose Finance Company Limited (MPFL) has announced the book closure date for the purpose of right shares.

The 344th BOD meeting of the company had decided to issue 3,585,264 units of shares as 865% right shares to the shareholders. This decision was endorsed at the 19th AGM of the company and SGM held on 11th Bhadra, 2075.

For this purpose, the books of the company will remain closed on 11th Asadh, 2076. Investors holding shares of the company till 10th Asadh, 2076 will be eligible to apply for the offered right shares.

After the issuance of right shares, the paid-up capital of the company which is currently at Rs.4.14 Crore, will reach Rs.40 Crore.