Kisan Microfinance to issue 2.40 lakh unit right shares from Mangsir 2; Paid-up capital to reach Rs 7.20 crore
Wed, Oct 31, 2018 9:07 AM on Dividend, Bonus & Rights, Latest, Stock Market,
Kisan Micro Finance Bittiya Sanstha Limited (KMFL) will be issuing 50% right shares from Mangsir 2, 2075. The issue will be closed on Poush 9, 2075.
The microfinance company will be issuing 2,40,250 unit shares for its shareholders at Rs 100 per share.
Civil Capital Market has been appointed as the issue manager for the right issuance.
The current paid-up capital of Rs 4.80 crore will reach Rs 7.20 crore after the adjustment of right shares.
The issue being less than Rs 3 crore is not required to be rated from the credit rating institutions.
The shareholders holding the shares before Kartik 13 can apply for the shares through any financial institutions providing ASBA facilities or through Meroshare.
