NEPSE adjusted the stock price at Rs 502.
NMB Laghubitta is issuing 150 percent right shares from November 10. The company is issuing 2,430,093.75 units of right shares at a ratio of 10:15.
The company has appointed Sunrise Capital as its issue manager. The interested existing shareholders can apply for the shares from Sunrise Capital at Kamalpokhari-Kathmandu and all branch offices of Sunrise Bank, as well as, all ASBA approved BFIs and meroshare software.
The issue will close on December 15. ICRA Nepal has assigned Grade 4 rating to the issue indicating below average fundamentals.
