Only 4 trading days left to clinch 50% right share of Mirmire Microfinance; Book closure on Jestha 17

Mirmire Microfinance Development Bank Limited (MMFDB) had received approval from SEBON to issue right shares in the ratio 2:1 on April 19, 2017. The microfinance company has set book closure date for the right issue on Jestha 17, 2074. Only those shareholders holding shares one trading day ahead of the book closure date i.e. till Jestha 16, 2074 are eligible to apply for the right shares. MMFDB will be issuing 1,50,000 units right shares at a par value of Rs 100 per share. Prabhu Capital Limited has been assigned as the issue manager for right share issue. Mirmire Microfinance has earned net profit of Rs 1.21 crore in the third quarter of the FY 2073/74. It had distributed 50% bonus share for the FY 2073/74. Its paid up capital after the issuance of bonus shares stands at Rs 3 crore. After the issuance of 50% right shares, its paid up capital will reach Rs 4.5 crore.