Suryodaya Laghubitta allots 70% right shares for its shareholders; Unsold 10% shares to be sold via auction soon

Tue, May 15, 2018 7:46 AM on Auction, Dividend, Bonus & Rights, Latest, Share Allotment, Stock Market,

Suryodaya Laghubitta Bittiya Sanstha (SLBS) has allotted its 70% right shares to its shareholders.

The microfinance company had issued 2,80,000 unit right shares from 24th Falgun, 2074.

2,51,918 unit right shares has been allotted to 8,206 applicants on Baisakh 30, 2075. Global IME Capital Limited was appointed as the issue manager for the right issuance.

The remaining 28,082 unit shares will be sold via auction.

The current paid up capital of the microfinance is Rs 4 crore which will stand at Rs 6.8 crore after the adjustment of 70% right shares.