Unnati Microfinance is closing the issue of 20% right shares issue from today; request to apply before banking hour today
Sun, Mar 31, 2019 6:03 AM on Dividend, Bonus & Rights, Latest,
Unnati Microfinance Bittiya Sanstha Limited (UMB) is closing the issue of 20% right shares to its shareholders from today (Chaitra 17, 2075). This issue was opened since Falgun 13, 2075. The eligible shareholders are requested to apply before banking hour today.
The microfinance company will be issuing 1,10,000 unit shares for its shareholders at Rs 100 per share.
Siddhartha Capital Limited has been appointed as the issue manager for the right issuance.
The existing paid up capital of UMB is Rs 5.5 crore. The microfinance has already offered 40.50% bonus share to its shareholders for FY 2074/75. After the endorsement of 40.5% bonus share and 20% right share the paid up capital of the company will be Rs 8.8275 crore.
The issue being less than Rs 3 crore is not required to be rated from the credit rating institutions.
The shareholders holding the shares till Magh 15, 2075 (book closure was on Magh 16, 2075) can apply for the shares through any financial institutions providing ASBA facilities or through Meroshare.
Unnati Microfinance has earned Rs 2.11 crore till the end of current fiscal year 2075/76 and its net worth per share is Rs 137.73.
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