Womi Microfinance to issue 100% right shares to its shareholders; Paid up capital to be Rs.20.21 Crore after the adjustment

Womi Microfinance Bittiya Sanstha (WOMI) has published a notice on NEPSE regarding the distribution of right shares to the existing shareholders of the microfinance company.

The 114^th BOD meeting held on 28^th Poush, has proposed the issue of right shares. The company will be issuing 100% right shares to the existing shareholders in order to reach the capital requirement mark. The decision of right shares will be approved by the special general meeting to be held in the upcoming days.

The current paid up capital of the company which is at Rs.10.10 Crore will reach Rs.20.21 Crore after the adjustment of 1:1 right shares.  

The company had distributed Rs 25 cash dividend per share from the profit of 2074/75 FY.