Womi Laghubitta issuing 100% right shares from Shrawan 9; investors holding shares till Ashadh 26 are eligible to apply

Womi Laghu...

Womi Laghubitta Bittiya Sanstha Ltd (WOMI) is going to issue 100% right shares to its shareholders from Shrawan 9, 2076. The closing date of this right issue is on Bhadra 11, 2076.

WOMI is going to issue 10,10,880 units right shares at par value of Rs 100 making equal to its current capital of Rs 10,10,88,000. The paid-up capital of WOMI after 1:1 right share will be Rs 20,21,76,000.

Siddhartha Capital Limited is appointed as issue manager for right share issuance.

ICRA Nepal has assigned Grade 4+ rating to the right issue of WOMI which is below average fundamentals.

The book closure date for the right share issuance is Ashadh 27, 2076, i.e. the shareholders who hold the shares of WOMI till Ashadh 26, 2076 will be eligible for the right share.

WOMI is in the verge of merger with Nagarik Laghubitta Bittiya Sanstha Limited.