The company closed its book on March 20 for the right issue, thus, the shareholders registered in its book till March 19 will be eligible to apply for the right shares.
The interested investors can apply for the right shares from its issue manager Laxmi Capital market at New Baneshwor, Kathmandu and designated branches of Laxmi Bank inside and outside the valley. Moreover, the shareholders can apply from all C-ASBA approved BFIs and through meroshare software.
Presently, the company has a paid-up capital of Rs 594 million that will reach Rs 891 million after the 50 percent right issue. Moreover, the AGM of the company held on April 4 endorsed a proposal of further issuing 100 percent right issue.