Mero Microfinance is issuing 100 percent right shares of the paid-up capital of Rs 328.9 million to be maintained after 15 percent bonus share distribution as per the decision of its AGM of the last FY.
After the issuance, the paid-up capital will reach Rs 657.8 million. In the second quarter of the current FY, Mero Microfinance doubled its net profit to Rs 61.8 million and has EPS of Rs 37.62.
