Kisan Microfinance’s 50% right share in SEBON pipeline for approval; Paid up capital to reach Rs 7.20 crore

The right share of Kisan Microfinance Bittiya Sanstha Limited (KMFL) has been added in the SEBON’s pipeline for approval.

The 50% right share issue of 2, 40,250 unit shares of the microfinance company worth Rs 2.40 crore has been added in the pipeline for approval.

Civil Capital Market Limited has been appointed as the issue manager for the right issue.

The current paid up capital of the microfinance is Rs 4.80 crore and after the 50% right issue KMFL's capital will increase to Rs 7.20 crore.

The company had earned Rs 63.32 lakh in the Q3 of current fiscal year 2074/75.