Kisan Microfinance Bittiya Sanstha ltd has applied for approval from SEBON for 50% right share issue to its shareholders.
The microfinance company’s 50% or 2, 40,250 unit shares has been added in pipeline for approval. It will issue at the face value of Rs. 100 which worths Rs.2.40 crore.
Civil Capital limited is appointed as issue manager.
Currently, its paid up capital is Rs.4.80 crore. After 50% right shares, paid up capital will reach to Rs.7.20 crore.
