Naya Nepal Laghubitta to close its shareholders register book on Shrawan 7; Shareholders holding till Shrawan 6 can apply for 250% right issue

Naya Nepal Laghubitta BIttiya Sanstha (NNLB) has notified Nepal Stock Exchange (NEPSE) that it will be closing its shareholders register book on Shrawan 07, 2075 for the purpose of its 250% right share issuance.

The microfinance company will be issuing 6 lakh unit shares for its shareholders.

Only those shareholders holding the shares of the company till Shrawan 06 shall be eligible to apply for the right shares of the company.

NMB Capital has been appointed as the issue manager for the right share issuance.

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