Last day to apply for the 100% right shares of Swarojgar Laghubitta; Paid-up capital to reach Rs 24.48 crore after adjustment

Today is the last day to apply for the 100% right shares of Swarojgar Laghubitta Bittiya Sanstha Limited (SLBBL).

The microfinance company is issuing 12,24,577.60 unit shares at a par value of Rs 100 from Shrawan 13 till Bhadra 17 i.e. today.

NMB Capital has been appointed as the issue manager for the right share issuance.

The book closure for the right share issuance was set on Ashadh 28, i.e. the shareholders holding shares of the microfinance company till Ashadh 27 can apply for the right shares.

ICRA Nepal has assigned Grade 4+ rating to the right issue of SLBBL which indicates below average fundamentals.

After the adjustment of the 1:1 right shares, the paid up capital of the company will reach Rs 24.48 crore.