SEBON approves 60% right shares of RSDC Laghubitta; Paid up capital to reach Rs 57.59 crore
Wed, May 9, 2018 12:10 PM on Dividend, Bonus & Rights, Latest, Stock Market,
Securities Board of Nepal (SEBON) has approved 60% right share issuance of RSDC Laghubitta Bittiya Sanstha Limited (RSDC).
The microfinance company will be issuing 21,59,700 unit right shares for its shareholders at par value of Rs 100.
NIBL Ace Capital Limited has been appointed as the issue manager for the right share issue.
The current capital of RSDC stands at Rs 35.99 crore which will reach Rs 57.59 crore after right share issuance.
iCRA Nepal had assigned Grade 4 rating to the right shares issuance of RSDC Laghubitta indicating below average fundamentals.
