RSDC Laghubitta extends 15 days for 200% right share issue till Kartik 20

RSDC Laghubitta Bittiya Sanstha Limited (RSDC) has extended 15 days for the ongoing 200% right share issue till Kartik 20, 2074. Earlier, the closing date has been set on Kartik 5, 2074. It has been issuing 1:2 (200%) right share to its shareholders from Ashwin 2, 2074. The book closure date for the rights issue was set on Bhadra 16, 2074. Only those shares registered one trading day ahead of the book closure date i.e. till Bhadra 15, 2074 are eligible to apply for the right shares. RSDC is issuing 23,00,000 units right shares at a par value of Rs 100 per unit. NIBL Capital Market Limited is the issue manager for this right issue. RSDC’s current paid up capital remains at Rs 11.50 crore. After issuance of this 200% right share, its paid up capital will reach Rs 34.50 crore. It has authorized capital of Rs 34.50 crore. Interested applicants can collect application forms from NIBL Capital Market Limited, Lazimpat, Kathmandu and from designated branches of Nepal Investment Bank and RSDC Laghubitta . RSDC Laghubitta’s 3rd AGM held on Chaitra 12, 2073 had endorsed 15% bonus share to its shareholders from the profits it earned in the FY 2072/73 and issuance of 200% right shares to its shareholders to increase its paid up capital to Rs 60 crore by Asadh 2075. RSDC has earned net profit of Rs 1.96 crore in the fourth quarter of the FY 2073/74