Last Day to apply for 100% Right Issue of Swadeshi Laghubitta

Nov 12, 2018 Merolagani

Today is the last day to apply for 100 percent right shares of Swadeshi Laghubitta (SDESI). The company that started the right issue from October 9, is issuing 1,150,000 units of right shares worth Rs 115 million to its existing shareholders.

The company closed its book for the right issue on September 10, thus, the shareholders registered in its book by September 9 are eligible to apply for the right issue.

The company has appointed NIC Asia Capital as its issue manager. The interested shareholders can apply for the right shares from all ASBA registered BFIs.

Swadeshi Microfinance headquartered at Itahari of Sunsari has paid-up capital Rs 115 million that will reach Rs 230 million after the right issue.

In the last FY, the company earned a net profit of Rs 37.7 million and has maintained EPS of Rs 32.08

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

Chirkhwa Hydropower Incurs Loss

Apr 25, 2024 09:26 AM