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.
The company closed its book on February 7, thus, the shareholders registered in its book till February 6 are eligible to apply for the right shares.
The interested shareholders can apply for the shares from all C-ASBA approved BFIs and through meroshare software. Moreover, the shareholders can apply for the share from Global IME Capital at Jamal-Kathmandu and all branch offices of Mero Microfinance.
After the right 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 maintained EPS of Rs 37.62.
