Closing day of 1:1 right shares of First Microfinance, 4:1 right shares of Garima Bikas
Thu, Apr 2, 2015 12:00 AM on Dividend, Bonus & Rights,
ShareSansar, April 2:
Today is the last day to get hold of 1:1 right shares of First Microfinance and 4:1 right shares of Garima Bikas Bank Limited. Nabil Investment Banking Limited is the issue manager for the right issue of First Microfinance.
Only shares registered one day ahead of the book closure date would be eligible for the right shares.
The book closure of both First Microfinance and Garima Bikas was on Magh 29.
After the adjustment of the right shares, the bank’s paid-up capital will reach to Rs 20 crore from the existing capital of Rs 10 crore.
Likewise, Garima Bikas right issue is managed by ACE Capital Limited. The bank’s capital, which is at Rs 44.88 crore at present, will increase to Rs 56.10 crore after the right shares are completely taken up by investors.
