NEPSE Adjusts Share Price of Samata Microfinance

Jun 26, 2018 Merolagani

Nepal Stock Exchange (NEPSE) has adjusted share price of Samata Microfinance Bittiya Sanstha (SMATA) after announcement of 50 percent right issue. The local bourse has adjusted the share price of Samata Microfinance at Rs 1401.33 with a base price of Rs 845.17.

Samata Microfinance closed its book on June 26 for the upcoming 50 percent right issue, thus, the shareholders registered in its book till June 25 are eligible to apply for the right shares.

The company is issuing 189,600 units of right shares at a face value of Rs 100 to its existing shareholders. The 4th AGM of the company held on December 2 endorsed the right issue.

The company has appointed NIBL Ace Capital as its issue manager.

 

comments powered by Disqus

Development Banks Record Minimal Degrowth

Apr 24, 2024 06:56 AM

The net profit of development banks has declined less compared to commercial banks and finance companies in the third quarter.

Gold and Silver Price Decline

Apr 25, 2024 10:37 AM