Unnati Microfinance to issue 1.10 lakh unit right shares from Falgun 13; Paid-up capital to reach Rs 8.82 crore

Unnati Mic...

Unnati Microfinance Bittiya Sanstha Limited (UMB) will be issuing 20% right shares from Falgun 13, 2075. The issue will be closed on Chaitra 17, 2075.

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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