Srijana Finance Starts Issuing 60% Right Share

Oct 04, 2019 12:23 PM Merolagani

Srijana Finance (SFFIL) has started issuing 60 percent right shares from October 4. The finance company is issuing 2,764,692 units of right shares at a ratio of 10:6.

The company closed its book on September 23 for the upcoming 60 percent right issue, thus, the shareholders registered in its book till September 22 are eligible to apply for the right shares.

It has appointed Sunrise Capital as its issue manager. The interested shareholders can apply for the right issue from Sunrise capital at Kamalpokhari, all branch offices of Srijana Finance and Biratnagar, Pokhara, Birgunj, Butwal and Narayangadh branch of Sunrise Bank.

Moreover, the shareholders can apply for the right shares from all ASBA approved BFIs.

Presently, the company has a paid-up capital of Rs 400.6 million that will reach Rs 641 million after the right issue.

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