The company closed its book from February 10, thus, the shareholders registered in its book till February 9 is eligible to apply for the right issue.
The company has appointed NMB Capital as its issue manager. The interested shareholders can apply for the right shares from NMB Capital, designated braches of NMB Bank, Goodwill Finance and Central Finance. Moreover, they can apply for the shares from all C-ASBA approved BFIs till April 5.
ICRA Nepal has assigned Grade 4 rating to the right issue indicating below average fundamentals.
Presently, the company has a paid-up capital of Rs 641.5 million that will reach Rs 1.02 billion after the right issue.
