Last day to apply for 50% right issue of Samata Microfinance

Aug 14, 2018 Merolagani

Today is the last day to apply for 50 percent right shares of Samata Microfinance (SAMATA). The company is issuing 189,600 units of right shares at a ratio of 2:1 to its existing shareholders  from July 11

Samata Microfinance has appointed NIBL Ace Capital as its issue manager.

The company closed its book on June 26 for the right issue, thus, the shareholders registered in its book till June 25 are eligible to apply for the right shares. 

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.

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