Right Alert! Last day to hold the shares for 100% right issue of Mero Microfinance; book closure on Magh 24
Wed, Feb 6, 2019 8:10 AM on Book Closure, Dividend, Bonus & Rights, Latest, Stock Market,
Today is the last day to hold the shares of Mero Microfinance Labhubitta Bittiya Sanstha (MERO) to be eligible to apply for its 100% right shares.
Mero Microfinance Laghubitta Bittiya Sanstha Limited (MERO) will be closing its shareholders register book on Magh 24, 2075 for the issuance of its 100% right shares.The shareholders holding the shares till Magh 23 i.e. today will be able to apply for its 1:1 right issue.
The microfinance company will be issuing 32,89,000 units as its right shares.
Global IME Capital Limited has been appointed as the issue manager for the right issuance.
ICRA Nepal has assigned Grade 4 plus rating to the right issuance of Mero Microfinance indicating below average fundamentals.
After the adjustment of the right shares, the paid-up capital of the microfinance company will reach Rs 65.78 crore.
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