The company closed its book on March 6 for the upcoming 60 percent right shares, thus, the shareholders registered in its book till March 5 are eligible to apply for the right shares.
The company has appointed NIBL Ace Capital as its issue manager. The interested shareholders can apply for the right issue from all C-ASBA approved BFIs till May 12.
Presently, the company has a paid-up capital of Rs 1.25 billion that will reach Rs 2.01 billion after the right issue.
