In this regard, the company closed its book on June 17, thus, the shareholders registered in its book till June 16 are 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.