Today is the last day to hold right shares of Grameen Bikas Laghubitta; book closure on 29th Chaitra

Thu, Apr 11, 2019 2:08 PM on Latest, Stock Market, Book Closure,

The 122nd BOD meeting held on 14th Chaitra, 2075 had decided to issue of 50% right shares worth Rs.32.75 Crore for the existing shareholders of Grameen Bikas Laghubitta (GBLBS). The book closure date for this purpose is on 29th Chaitra, 2075 i.e. tomorrow. Investors holding shares of the microfinance company till 28th Chaitra will be eligible to apply for the right share issue. The company will be issuing 32.75 Lakh units of shares as rights at par value of Rs.100 each.

The current paid up capital of the company stands at Rs.65.50 Crore. This will increase to Rs.98.25 Crore after the issue of 50% right shares.