Last trading day to grab massive 865% right shares of Multipurpose Finance; last trading price stands at Rs 207

Today is the last trading day to grab massive 865% right shares of Multipurpose Finance Company Limited (MPFL).

MPFL is issuing 1:8.65 ratio i.e. 35,85,264 units right share to its shareholders from Ashadh 23, 2076. The last date for right shares issue is on Shrawan 26, 2076.

The book closure date for the issuance of right shares is set on Ashadh 11, 2076 i.e. investors holding shares of the company till Ashadh 10, 2076 will be eligible to apply for the offered right shares.

Civil Capital Market Limited has been appointed as the issue manager for the right issuance.

After the issuance of right shares, the paid-up capital of the company which is currently at Rs.4.14 Crore, will reach Rs 40 Crore.

The existing promoter and public shareholders ratio of the company stands at 60:40.

The last trading price of the company is Rs 207 traded on June 24.