Last day to clinch 167% right shares of City Express Finance; Paid-up capital to reach Rs 40 crore

Sun, Aug 5, 2018 1:26 AM on Book Closure, Dividend, Bonus & Rights, Latest, Stock Market,
Last day t...

Today is last day to grab 167% right shares of City Express Finance Company Limited (CEFL.

CEFL will be closing its shareholders register book on Shrawan 21, 2075 for the issuance of 167% right shares. The shareholders holding shares of the finance company till Shrawan 20 will be eligible to apply for the right shares.

As per the information published in NEPSE, the finance company is issuing 25 lakh unit shares of Rs 100 each to the existing shareholders.

Kathmandu Capital Markets Limited has been appointed as the issue manager for the right issuance.

After the adjustment of 167% right shares, its paid-up capital will reach Rs 40 crore.