RSDC Laghubitta to issue right shares in the ratio of 5:3 from today; Paid-up capital to reach Rs 57.59 crore
Sun, Jul 1, 2018 1:57 AM on Dividend, Bonus & Rights, Latest, Stock Market,
RSDC Laghubitta Bittiya Sanstha Limited (RSDC) is issuing 5:3 right shares to its existing shareholders from Ashadh 17, 2075 i.e.today. The rights issue will close on Shrawan 20, 2075. Microfinance is issuing a total of 21,59,700 unit right shares at the face value of Rs 100.
The book closure for the right issue was set for Jestha 21, 2075. Only those shareholders with shares traded before the book closure i.e. Jestha 20, 2075 are eligible to apply for the right shares.
Current paid up capital of the company stands at Rs 35.99 crore; after the adjustment of the rights shares, the insurance company’s total paid-up capital will reach Rs 57.59 crore.
NIBL Ace Capital Limited is the issue manager for the right issue. Interested shareholders can collect the application forms from NIBL Ace Capital, Lazimpat, Kathmandu, and all ASBA-approved member’s banks and financial institutions.
RSDC reported net profit of Rs 2.30 crore for the third quarter of ongoing FY 2074/75, with paid-up capital stands of Rs 35.99 crore from the net profit of FY 2073/74.
Its LTP stands at Rs 525.
