Last day to apply for 100% right shares issue of Global IME Laghubitta; eligible investors can apply till banking hour today

Mon, Sep 9, 2019 6:41 AM on Dividend, Bonus & Rights, Latest,
Last day t...

Global IME Laghubitta Bittiya Sanstha Limited (GILB) is closing the issue of 11,04,575 units right shares (1:1) ratio to its existing shareholders from today (Bhadra 23, 2076). This issue was opened since Shrawan 21, 2076. All the eligible investors are requested to apply before banking hour today.

The book closure date for right share purpose was on Shrawan 1, 2076. Investors holding shares of the company till Ashad 31 will be eligible to apply for the right shares.

The micro finance company is issuing right shares in the ratio of 1:1 or 100% at par value. The company is issuing 11,04,575 units as right shares to raise capital worth Rs 11.04 crore.

Laxmi Capital Market Limited has been appointed as the issue manager.

The existing paid up capital of company is Rs 11.04 crore and after the 100% right shares issue the paid up capital will rises to Rs 22.08 crore.

ICRA Nepal Limited has assigned a [ICRANP] IPO Grade 4+ (Pronounced as ICRA NP IPO Grade Four Plus) to the Rs 1,104,57,500. Rights Issue of Global IME Laghubitta Bittiya Sanstha Ltd.

GILB has earned Rs 6.80 crore till fourth quarter of FY 2075/76.