Womi Microfinance Starts Issuing 100% Right Shares

Jul 25, 2019 09:43 AM Merolagani

Womi Microfinance Bittiya Sanstha (WOMI) has started issuing 100 percent right shares from July 25. The company issuing 1,010,880 units of right shares to its existing shareholders at a ratio of 1:1.

The company has appointed Siddhartha Capital as its issue manager. The issue will close on August 28.

The company closed its book on July 12 for the right issue, thus, the shareholders registered in its book till July 11 are eligible to apply for the right issue.

After the right issue, the paid-up capital will reach Rs 202.1 million.

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