Unnati Microfinance to close its shareholders register book on Magh 16 for 20% right issue; Paid-up capital to reach Rs 8.82 crore after 20% right and 40.50% bonus share adjustment

Unnati Microfinance Bittiya Sanstha Limited (UMB) will be closing its shareholders' register book on Magh 16, 2075 for the purpose of its 20% right share issuance.

The shareholders holding the shares of the microfinance company till Magh 15, 2075 will be able to apply for the right shares.

The company is issuing 1.10 lakh unit right shares at a par value of Rs 100.

After the adjustment of the right shares, the paid-up capital of the microfinance company will reach Rs 6.60 crore. UMB has recently proposed 40.50% bonus shares which will further hike its paid-up capital to Rs 8.82 crore.