Janautthan Samudayic Laghubitta to issue 100% right shares from June 27

Jun 10, 2019 Merolagani

Janautthan Samudayic Laghubitta Bittiya Sanstha (JSLBB) is set to issue 100 percent right shares from June 27. The company is issuing 288,000 units of right share to its existing shareholders. The issue will close on July 31.

In this regard, the company is closing its book on June 17, thus, the shareholders registered in its book till June 16 will be eligible to apply for the right issue.

The company has appointed Siddhartha Capital as its issue manager.

The company is also distributing 10 percent stock dividend of the paid-up capital maintained after right issue.

Presently, the company has a paid-up capital of Rs 28.8 million that will reach Rs 63.3 million after the bonus share and right issue.

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