Last day to clinch 50% right share of Gurkhas Finance; Book closure tomorrow

Today is the last day to clinch 50% right share of Gurkhas Finance. Gurkhas Finance Limited (GUFL) is going to issue 50% right shares (28,93,313 units) to its shareholders from Jestha 1, 2074 and the book closure is set for tomorrow. Only those shareholders holding shares traded one trading day ahead of the book closure date i.e. until today (Baisakh 19, 2074) are eligible to apply for the right shares. NIBL Capital Markets will be managing the right issue for Gurkhas Finance. Gurkhas Finance has earned net profit of Rs 10.70 crore in the second quarter of the FY 2073/74. Its paid up capital currently stands at Rs 57.86 crore. After the capitalization of the right shares, its paid up capital will reach Rs 86.79 crore. Its last traded price (LTP) stands at Rs 288 as on April 30, 2017.