The company is issuing 329,889.69 units of right shares at a ratio of 2:1 to its existing shareholders as per the decision of its 9th AGM. The company has appointed Kathmandu Capital Market as its issue manager.
Mithila Laghubitta announced of distributing 10.45 percent stock and 0.549999 percent cash dividend for tax purpose to its shareholders upon approval from NRB and its upcoming AGM.
Presently, the company has a paid-up capital of Rs 65.977 million that will reach Rs 105.861 million after the distribution of bonus shares and issuance of 50 percent right issue.
