Last day to clinch 60% right shares of Goodwill Finance; LTP at Rs 294

Today is the last day to clinch 60% right shares of Goodwill Finance Limited. Goodwill Finance Limited (GFCL) is going to issue right shares in the ratio 10:6 to its shareholders from Ashad 18, 2074. The register of their shareholders will close on Ashad 2, 2074. Only those shareholders having shares one day ahead of the book closure date i.e. within tomorrow (Ashad 1, 2074) are eligible to apply for the right shares. GFCL’s paid up capital currently remains at Rs 45.37 crore and after issuance of this right share, its paid up capital will reach Rs 72.60 crore. Goodwill Finance Limited has earned net profit of Rs5.86 crore till the end of third quarter of the FY 2073/74. After this rights issue, GFCL will have to issue a further capital hike of Rs 7.40 crore (around 10.20%) to meet up with minimum paid up capital requirement of Rs 80 crore by the end of FY 2073/74. Its last traded price stood at Rs 294 as of yesterday (June 14, 2017).