Swadeshi Laghubitta allots 10.87 lakh units right shares to 18,722 applicants; Remaining 62,000 units to be sold via auction

Swadeshi Laghubitta Bittiya Sanstha Limited (SDESI) has allotted its 100% right shares to the valid applicants.

Out of the 11,50,000 units issued, 10,87,995 units have been allotted to 18,722 applicants on Mangsir 07, 2075.The remaining 62,005 units will be sold via auction in the near future.

NIC Asia Capital was appointed as the issue manager for the right issuance.

After the adjustment of 1:1 right shares, the paid-up capital of the company will reach Rs 23 crore.