Womi Microfinance issuing 50% (1,80,000 units) right shares from today till Ashoj 26

Womi Microfinance Bittiya Sanstha Limited is issuing 2:1 (50%) right shares to its existing shareholders from today (Bhadra 13, 2073). The rights issue will close on Ashoj 26, 2073. Womi Microfinance is issuing a total 1, 80, 000 unit right shares at the face value of Rs 100. The book closure date for 50% right issue was set for Shrawan 21, 2073. Only the shares registered one day ahead of the book closure date i.e. Shrawan 20, 2073 are eligible for the right shares. Siddhartha Capital Limited is the issue manager for the right issue of the microfinance company. Shareholders can collect the application forms from Siddhartha Capital Limited, Anamnagar, Kathmandu and from all branch offices of Womi Microfinance Bittiya Sanstha Limited. Womi Microfinance has earned net profit of Rs 1.07 crore in the fourth quarter of the fiscal year 2072/73. The paid up capital of the microfinance company remains at Rs 3.6 crore. After the issuance of 50 percent right share, the paid up capital will reach at Rs 5.4 crore. Its last traded price stood (LTP) at Rs 2,000 as on August 28, 2016.