Naya Nepal Laghubitta allots its 250% right shares; Remaining 1.03 lakh units to be sold via auction

Thu, Oct 11, 2018 8:45 AM on Dividend, Bonus & Rights, Latest, Share Allotment, Stock Market,
Naya Nepal...

Naya Nepal Laghubitta Bittiya Sanstha (NNLB) has allotted its 250% right shares to its shareholders.

The microfinance company has allotted 4,96,647 unit shares to 1,853 valid applicants. NNLB had floated 6 lakh unit shares for its sharholders.

Remaining 1,03,353 units will be sold via auction in the near future.

NMB Capital had been appointed as the issue manager for the Grade 5 rated issuance.

After the adjustment of the right shares, the paid up capital of the microfinance will reach Rs 8.40 crore.