NMB Microfinance to issue 150% right shares; Paid-up capital to reach Rs 35.20 crore

NMB Microfinance Bittiya Sanstha Limited (NMBMF) has notified NEPSE that it will be issuing 150% right shares for its shareholders.

As per the notice published in NEPSE, the 74th meeting of the BOD had decided that the microfinance company will be issuing right shares in the ratio of 1:1.5.

The current paid-up capital of the microfinance stands at Rs 14.08 crore which will rise to Rs 35.20 crore after the adjustment of the right shares.