Last day to clinch 60% right shares worth Rs 21.59 crore of RSDC Laghubitta
Mon, Jun 4, 2018 12:30 AM on Book Closure, Dividend, Bonus & Rights, Latest, Stock Market,
RSDC Laghubitta Bittiya Sanstha (RSDC) is closing its shareholder register book for the purpose of 60% right shares to its shareholders.
As per the notice published in NEPSE, the book closure date is set on Jestha 22, 2075; the shareholders holding the shares of the microfinance company till Jestha 21 i.e. today will be eligible to receive 5:3 right shares.
The microfinance company will be issuing 21.59 lakh unit right share to its shareholders.
NIBL Ace Capital has been assigned as the issue manager for the right share issuance.
The current capital of RSDC stands at Rs 35.99 crore which will reach Rs 57.59 crore after right share issuance.
iCRA Nepal had assigned Grade 4 rating to the right shares issuance of RSDC Laghubitta indicating below average fundamentals.
