Jebils Finance allots 13.14 lakh unit right shares; Remaining 9.97 lakh unit shares to be sold via auction

Jebils Finance Limited (JEFL) has allotted its issued 40% right shares to its shareholders.

The finance company had issued 23,11,650 unit right shares at the face value of Rs 100. The company has allotted 13,14,022 unit right shares to the valid applicants.

Sunrise Capital Limited has been appointed as the issue manager for the right issuance.

Remaining 9,97,628 unit right shares will be sold via auction in the near future. After the adjustment of 40% right share the paid-up capital will reach Rs 80.91 crore from current capital of Rs 57.79 crore.