Last day to apply for 60% right issue of Srijana Finance; Company issuing 27.64 lakh units

Srijana Finance Limited (SFFIL) had extended its ongoing 60% right issue's closing date by 15 days. The issue had opened from Ashwin 17, 2076 and the initial closing date was set on today Kartik 21, 2076. However, due to under-subscription, the issue was extended to Mangsir 6, 2076.

Therefore, today is the last day to apply for SFFIL's right shares. Shareholders of SFFIL have today till banking hours to apply for the issue.

Sunrise Capital has been appointed as the issue manager.

The finance company is issuing 2,764,692 units of shares as 60% rights for the existing shareholders of the company at par value of Rs.100 to raise a capital worth Rs.27.64 Crore.

The current paid-up capital of SFFIL is Rs 46 crore 7 lakh 82 thousand, which after the adjustment of right will reach Rs 73 crore 72 lakh 51 thousand 200.

Announcement