Nadep Laghubitta's 100% right issue starts from today; Paid-up capital to reach Rs 36.80 crore after adjustment of 30% bonus and 100% right shares

Nadep Laghubitta Bittiya Sanstha Limited (NADEP) will be floating its 100% right shares from Mangsir 23, 2075 i.e. today. The issue for 16 lakh unit right shares will be closed on Poush 29, 2075.

The shareholders holding the shares of the microfinance company till Mangsir 06 will be able to apply for the right shares.

Nabil Investment Banking Limited has been appointed as the issue manager for the right issuance.

Application can be placed through any of the financial institutions providing C-ASBA services or through Meroshare.

After the adjustment of 100% right shares and recently announced 30% bonus share, the paid-up capital of the company will reach Rs 36.80 crore.