SEBON adds 50% right share of Gurkhas Finance in pipeline for approval

Gurkhas Finance Limited has been added in Securities Board of Nepal (SEBON) right share pipeline for approval to issue 2:1 (50%) right shares. NIBL Capital Markets Limited has been assigned as the issue manager for right share issue. Gurkhas Finance 22^nd AGM held on Poush 26, 2073 had approved 50% right share i.e. 28,93,313 units to its existing shareholders. The finance company has earned Rs 10.70 crore till the end of Q2 of the fiscal year 2073/74. Its paid up capital stands at Rs 57.86 crore. After the issuance of right shares, paid up will reach Rs 86.20 crore.