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