RSDC Laghubitta’s 200% right share added in SEBON pipeline

RSDC Laghubitta Bittiya Sanstha Limited (RSDC) has been added in Securities Board of Nepal (SEBON) pipeline to seek approval for the issuance of 1:2 (200%) right shares. RSDC is seeking approval to issue 2,300,000 units shares at a face value of Rs 100 per share. NIBL Capital Markets Limited has been appointed as the issue manager. RSDC Laghubitta’s 3^rd 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 Laghubitta  has earned net profit of Rs 1.56 crore in the third quarter of the FY 2073/74. Its paid up capital currently stands at Rs 11.50 crore. After the issuance of 200% right share, its paid up capital will reach Rs 34.5 crore.