Sagarmatha Merchant closing 4:1 right issue today

Mon, Jun 2, 2014 12:00 AM on Dividend, Bonus & Rights,

ShareSansar, June 2:

Sagarmatha Merchant Banking and Finance Limited is closing the issuance of 4:1 right share today which was opened on April 29.

Total of 4,12,500  units were floated with a face value of Rs 100.

The company had also announced the book closure date for right share on April 10.

Citizen Investment Trust at New Baneshwor is the issue manager.