Womi Laghubitta issuing 100% right shares from today; company is in merger with Nagarik Laghubitta

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

WOMI is issuing 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.

WOMI Laghubitta publish strong Q4 financials with EPS of Rs 62.08; company issuing 100% right shares from Shrawan 9