Last day to apply 100% right shares of Arun Finance

Arun Finance Limited (ARUN) is closing 1:1 (100%) right share to its shareholders today (Ashwin 9, 2074). The rights issue was open for 35 days from Bhadra 6, 2074. The book closure date for the rights issue was set on Shrawan 9, 2074. Only those shares registered one trading day ahead of the book closure date i.e. till Shrawan 8, 2074 are eligible to apply for the right shares. ARUN is issuing 15,00,000 units right shares at a par value of Rs 100 per unit. Global IME Capital Limited is the issue manager for this right issue. Arun Finance’s current paid up capital remains at Rs 15 crore. After issuance of this 100% right share, its paid up capital will reach Rs 30 crore. It has authorized capital of Rs 1 arba. Interested applicants can collect application forms from Global IME Capital Limited, Lazimpat, Kathmandu and from designated branches of Arun Finance and Global IME Bank. ARUN has earned Rs 1.46 crore profit in the fourth quarter of the fiscal year 2073/74. Its LTP stood at Rs 169 as of September 24, 2017.