Samata Microfinance is set to issue 50 percent right shares from July 11-August 14. The company will issue 189,600 units of right shares at a ratio of 2:1 to its existing shareholders.
Samata Microfinance has appointed NIBL Ace Capital as its issue manager.
The interested shareholders can apply for the right shares from NIBL Capital Market, Lazimpat, Laldurbar-Kathmandu, Lagankhel-Lalitpur, Chipledhunga-Pokhara, Aadarshanagar-Birgunj, Traffic Chowk-Butwal and Golchha Chowk-Biratnagar. Moreover, the shareholders can apply from all branches of Samata Microfinance and all C-ASBA approved BFIs.
Presently, the company has a paid-up capital of Rs 37.9 million that will reach Rs 56.8 million after the right issue.