Massive 1:8.65 ratio right shares of Multipurpose Finance opens from today; LTP stands at Rs 130

Multipurpose Finance company Limited (MPFL) is issuing 1:8.65 ratio i.e. 35,85,264 units right share to its shareholders from today (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 was set on Ashadh 11, 2076 i.e. investors holding shares of the company till Ashadh 10, 2076 are 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.

Click here for right offer letter: