Aarambha Microfinance Biitya Santha to float 10:07 right shares to its shareholders.
As per notice published, 126th board meeting of the Company held on 28 Mangsir 2075 had decided to issue 70% right share to hike Paid up capital to expand its services.
This decision will be presented in upcoming annual general meeting of the company. Right shares will be floated after the approval from the AGM & Security board of Nepal (SEBON). Shareholders can apply can apply one unit more if fraction is more than 0.5 or more.
Currently, its paid up capital is Rs.6 crore. After right issuance, paid up capital will reach to Rs.10.2 crore.
