Goodwill Finance issuing 27.22 lakh units (60%) right share from Ashad 18; only two days left to clinch

Goodwill Finance Limited (GFCL) is going to issue right shares in the ratio 10:6 to its shareholders from Ashad 18, 2074. The rights issue will remain open for 35 days before closing on Shrawan 22, 2074. As per the notice published by the company today, the register of their shareholders will close on Ashad 2, 2074. Only those shareholders having shares one day ahead of the book closure date i.e. within tomorrow (Ashad 1, 2074) are eligible to apply for the right shares. NIBL Capital Markets Limited is the issue manager for this right issue. GFCL’s paid up capital currently remains at Rs 45.37 crore and after issuance of this right share, its paid up capital will reach Rs 72.60 crore. Its authorized capital is Rs 1 arba. Goodwill Finance Limited has earned net profit of Rs5.86 crore till the end of third quarter of the FY 2073/74. After this rights issue, GFCL will have to issue a further capital hike of Rs 7.40 crore (around 10.20%) to meet up with minimum paid up capital requirement of Rs 80 crore by the end of FY 2073/74.