Unnati had filed a proposal on the right issue to SEBON on June 3. Now, the company will issue 110,000 units of right shares at a ratio of 5:1 to its existing shareholders.
The company has appointed Siddhartha Capital as its issue manager.
Unnati Microfinance has proposed of distributing 42.63 percent dividend including 40.50 percent bonus share and 2.13 percent cash dividend for tax purpose to its shareholders.
Upon approval from NRB and the upcoming AGM of the company, the company will distribute to the shareholders.
After distribution of the proposed dividend and right issue, the paid-up capital of the company will reach Rs 88.2 million.