Nepal Finance expands at Murgiyabazar of Rupandehi with 4th branch; in process to issue 175% right shares to its shareholders

Tue, Feb 23, 2021 5:02 AM on Latest, Dividend, Bonus & Rights,

Nepal Finance has brought into operation its 4th branch into operation at Murgiyabazar in Sainamaina of Rupandehi. The latest facility was inaugurated amid a program by BoD of the finance Mr. Diprash Shakya amid a program on Falgun 9, 2077.

Nepal Finance is in the process to acquire Lalitpur Finance and after the acquisition, the company paid-up capital will be Rs 55 crore and is also in the process of issuing 175% right shares to its shareholders for which approval from Nepal Rastra Bank is already received, as per the media statement.

The finance company currently has 4 branches in different parts of the nation, provides a range of financial services to its customers, and is mulling to open a few more extension counters at the earliest.