Gurkhas Finance appoints NIBL Capital as issue manager for 50% right
Tue, Jan 24, 2017 3:25 PM on Latest, Dividend, Bonus & Rights, Featured, Stock Market,
Gurkhas Finance Limited has appointed NIBL Capital Markets Limited as the issue manager for its upcoming 50% right. The finance company’s 22th AGM conducted on Poush 26, 2073 had endorsed the agenda to issue 2:1 right shares. Mr. Raj Kumar Rai, CEO of the finance company and Mr. Mekh Bahadur Thapa, Chief Executive of NIBL Capital Markets signed the agreement.
Gurkhas Finance is issuing 28,93,313 units right shares at a par value of Rs 100. Its paid up capital stands at Rs 57.86 crore. After the issuance of right shares, its paid up will reach Rs 86.20 crore.
The finance company has been providing modern banking services via 10 branches and 4 ATM centers. It has earned Rs 10.70 crore till the end of Q2 of the fiscal year 2073/74 by collecting Rs 3.40 arba in deposits and mobilizing Rs 2.97 arba in loans.
The finance company has been providing modern banking services via 10 branches and 4 ATM centers. It has earned Rs 10.70 crore till the end of Q2 of the fiscal year 2073/74 by collecting Rs 3.40 arba in deposits and mobilizing Rs 2.97 arba in loans.
