The company has appointed NIBL Ace Capital as its issue manager. The current paid-up capital of Rs 655 million will increase to Rs 982.5 million after the right issue.
In the second quarter of the current FY, the company earned a net profit of Rs 113.4 million. it has EPS of Rs 34.64, net worth per share of Rs 158.65 and P/E ratio of 12.27 times.