United Finance signs agreement with Nabil Investment Banking for 20% right share issue

United Finance Limited (UFL) has decided to issue 20 percent right share to its shareholders. United Finance has appointed Nabil Investment Banking Limited as the issue manager for its upcoming 20% right shares. The right issue has been added in the SEBON’s pipeline. Mr. Sunanda Bahadur Shrestha, CEO of the finance company and Mr. Pravin Raman Parajuli, CEO of Nabil Investment Banking signed the agreement. United Finance 22^nd AGM conducted on Ashwin 21, 2073 had endorsed the agenda to issue 20% right shares. The finance company’s paid up capital stands at Rs 67.08 crore. After the issuance of right shares, the paid up capital will reach 80.49 crore.